Liberty Drive, Lara VIC (HPS)

Description

This High Physical Support SDA property is a modern home designed to meet the highest standards of specialist disability accommodation. It features four spacious bedrooms, four bathrooms, and a two-car garage. The home is built on a 448m² lot and provides a total house area of 212.83m². Designed for functionality and comfort. It is located in Coridale Estate, Lara, Geelong, offering excellent investment potential with government-backed rental returns.

Suburb profile:

Lara is a thriving suburb in Geelong, Victoria, known for its blend of suburban and semi-rural lifestyle. It offers excellent connectivity to Melbourne and Geelong via the Princes Freeway and a well-serviced train station. The suburb has seen steady growth due to its affordability and proximity to employment hubs. Lara provides access to essential amenities such as shopping centers, schools, medical facilities, and recreational areas, making it an attractive location for families and investors.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab suitable for site conditions (up to P classification)
• Stormwater, sewer, water, and single-phase underground power connections
• Recycled water (where applicable)
• NBN run-in to the front of the home (where available)
• Site fall over the building area not exceeding 500mm
• Allowance for rock excavation and removal (excludes explosives and core drilling)
• Termite treatment
• Temporary fencing, site signage, and waste management per council requirements

Preliminary Inclusions:

• Engineer site assessment and survey
• Building permit
• Energy rating report (minimum 7-star)
• Bushfire (BAL) compliance (where applicable)

Internal Inclusions:

• 2740mm high ceiling throughout
• Hybrid timber-look flooring in bedrooms, living areas, and kitchen
• Flush panel internal doors (2040mm high) with chrome handles
• 67mm beveled skirting and architraves
• Door stops on all hinged doors
• 10mm plasterboard walls and ceilings, with water-resistant plasterboard in wet areas
• Water-based acrylic paint on walls and ceilings
• Gloss enamel paint for internal doors, skirting boards, and architraves
• Built-in robes with mirror sliding doors, hanging rail, and shelving
• Linen cupboards with shelving

External Inclusions:

• Brickwork with natural color mortar and acrylic-rendered facade
• Painted cement sheet or rendered lightweight cladding (design specific)
• Colorbond fascia, guttering, and downpipes
• Feature aluminum windows on the front facade, standard aluminum windows elsewhere
• Sectional Colorbond garage door with remote controls
• Concrete tiled roof
• Entry door with deadbolt lock

Landscaping Inclusions:

• Colored concrete driveway and path to the front porch
• Turf to front and rear gardens
• Drought-resistant planting with mulch
• Letterbox
• Ground-mount folding clothesline
• Landscaping, driveway, and path designed to comply with SDA Design Standard and AS1428.1 (where applicable)

Electrical Inclusions:

• White LED downlights throughout
• Fluorescent strip light in garage
• Floodlight with a sensor outside external doors (design specific)
• Double power points throughout the house
• Single power points in fridge and dishwasher space
• TV point in the living area (antenna cable coiled in the roof for future installation)
• Telephone/data points in kitchen and bedrooms
• Ducted exhaust fans with timers in bathrooms, ensuite, laundry, and powder rooms
• Smoke detectors in bedrooms and living areas (hardwired with battery backup)
• RCD safety switch

Appliance Inclusions:

• 600mm side-opening electric oven
• 600mm electric cooktop
• 600mm undermount rangehood
• Double-drawer dishwasher
• Microwave provision (design specific)

Upgraded Inclusions:

• Assistive technology provisions, including a video intercom system with a base control panel in the kitchen and stations in bedrooms
• Engineered and certified wall and roof structure to support ceiling hoists (capacity 250kg)
• Dimmable lighting in living areas and bedrooms
• Task lighting above kitchen benchtops (minimum 300 lux)
• Power supply provisions for future automation of doors and blinds

Energy Efficiency:

• Minimum 7-star energy rating
• PV solar system to meet energy efficiency requirements
• Heat pump hot water system (natural gas booster or electric, depending on availability)

Warranties:

• Three-month maintenance period
• 10-year structural warranty

This High Physical Support SDA property in Coridale Estate, Lara, offers a purpose-built, fully compliant design that meets the needs of participants requiring specialist disability accommodation. With high-end inclusions and strong investment potential, this property presents a valuable opportunity for investors seeking government-backed returns.

SDA – High Physical Support

SDA Accommodation:

An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised living environments. SDA is designed to provide suitable housing options for people with complex support needs.

High Physical Support Housing:

This housing option offers a high level of physical access for individuals needing substantial support. For example, features may include a ceiling hoist, backup power supply, or home automation and communication technology.

Benefits for Participants:

Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments that promote independence, comfort, and safety.

Benefits:

Cost Effectiveness: SDA housing reduces overall support costs by offering appropriate accommodations that can help prevent or minimise the need for more expensive, institutionalised care settings.

Benefits for the Community:

Inclusion and Accessibility: SDA homes foster inclusive communities by providing accessible housing options for individuals with disabilities, promoting social integration and enabling fuller community participation.

Benefits for Property Investors:

1. Sustainable Financial Returns: Investing in SDA homes can provide stable, long-term rental income due to the ongoing demand for specialised accommodation.
2. Secure Tenancy: These homes often come with secure, long-term tenancy agreements, offering greater stability and reduced vacancy rates.
3. Ethical and Social Impact: Investing in SDA homes allows investors to make a positive social impact by supporting individuals with disabilities and building inclusive communities.
4. Government Support: Various government programs provide financial incentives for property investors who choose to invest in SDA homes, enhancing the viability of such investments.

Overall, investing in SDA homes offers a combination of financial stability, positive social impact, and government support, making it an attractive investment option.

The rental income of this 3+1 SDA property has been quoted with two participants only, reflecting the realistic earning potential for this property.