Overview
Property ID: LA-3522
- House and Land
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 213
Details
Updated on Nov 07, 2024 at 04:34 pm
Property Type: | House and Land |
---|---|
Price: | $ 1,021,580 |
Land Price: | $ 394,000 |
Build Price: | $ 627,580 |
Gross Per Week: | $ 3,740 |
Gross Per Annum: | $ 194,492 |
Gross Yield: | 19.04% |
Capital Growth 12 Months: | 3.15% |
Capital Growth 10 Year Annualised: | 6.17% |
Vacancy Rate: | 0.52% |
Property Size: | 213 m2 |
Land Area: | 400 m2 |
---|---|
Bedrooms: | 3+OOA |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 3522 |
SKU: | 1026 |
Description
This SDA property located at Lot 230 Topiary Street, Pakenham East, is a high physical support accommodation designed for three participants plus one carer. Featuring accessibility-focused amenities and a 7-star energy rating compliance, it provides a safe and supportive environment for tenants requiring specialized accommodations.
Suburb profile:
Pakenham East is a rapidly developing suburb in Victoria, known for its family-friendly environment and proximity to essential services. The area offers a mix of suburban and rural landscapes with easy access to Melbourne, making it a desirable location for residential investment.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed site costs up to P class (excluding rock removal and retaining walls).
Preliminary Inclusions:
- 2700mm ceiling height throughout.
- Face brick/render to all facades.
Internal Inclusions:
- Villaboard (9mm) in laundry, bathroom, and ensuite walls.
- Roller blinds with provision for future automation.
- Flyscreens on all openable windows.
External Inclusions:
- Step-free entry at the main entrance, laundry, and alfresco area.
Landscaping Inclusions:
- Color concrete driveway.
- Landscaping and fencing (design specific).
Electrical Inclusions:
- LED lights throughout the house.
- Intruder alarm system with three PIR detectors.
Appliance Inclusions:
- Electric 900mm stainless steel kitchen appliances.
- 600mm dishwasher and oven.
Upgraded Inclusions:
- Provision for power backup as per design specifications.
Energy Efficiency:
- Gas boosted, solar panel hot water system/electric heat pump.
- Build complies with NCC’s 7-Star Energy Requirement.
Other Details
- The package includes free sprinkler installation worth over $35,000 and emphasizes high returns with a focus on participant placement.
This SDA property in Pakenham East offers a secure and accessible living space with energy-efficient features, tailored for individuals requiring high physical support.
NDIS – 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 accommodation. Under the National Disability Insurance Scheme (NDIS), SDA aims to provide suitable housing options for participants with complex support needs.
High Physical Support Housing:
High physical support housing includes a high level of physical access for people who need very high levels of support. For example, you may need 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, promoting independence, comfort, and safety for participants.
Benefits of the NDIS:
Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.
Benefits for the Community:
Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.
Benefits for Property Investors:
1. Sustainable Financial Returns: Investing in SDA homes can provide property investors with stable, long-term rental income due to the ongoing demand for specialised accommodation for individuals with disabilities.
2. Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.
3. Ethical and Social Impact: Investing in SDA homes allows property investors to make a positive social impact by supporting individuals with disabilities and creating inclusive communities.
4. Government Support: The NDIS provides financial incentives for property investors who choose to invest in SDA homes, offering potential financial benefits and enhancing the viability of such investments.
Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.
You can read more about NDIS/SDA here: https://ausinvestmentproperties.com.au/blogs/what-is-an-ndis-investment-property-and-why-you-should-seriously-consider-adding-one-to-your-portfolio-or-smsf
The rental income of this 3+1 SDA property has been quoted with two participants only, reflecting the realistic earning potential for this property.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Documents
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.