Lot 2/79 Drake Street, Devonport TAS

Devonport, TAS, 7310

$ 940,683

Devonport, TAS, 7310
Lot 2/79 Drake Street, Devonport TAS-0
Lot 2/79 Drake Street, Devonport TAS-1
Lot 2/79 Drake Street, Devonport TAS-2

Property Images

Lot 2/79 Drake Street, Devonport TAS-0 Lot 2/79 Drake Street, Devonport TAS-1 Lot 2/79 Drake Street, Devonport TAS-2

Overview

Property ID: LA-11504

  • SDA
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 191

Details

Updated on Mar 06, 2025 at 11:49 am

Property Type: SDA
Price: $ 940,683
Land Price: $ 299,000
Build Price: $ 641,683
Gross Per Week: $ 3,598
Gross Per Annum: $ 187,084
Gross Yield: 19.89%
Capital Growth 12 Months: 5.05%
Capital Growth 10 Year Annualised: 6.53%
Vacancy Rate: 0.42%
Property Size: 191 m2
Land Area: 814 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 11504
SKU: N/A

Description

This High Physical Support SDA property is a state-of-the-art, fully accessible home designed for individuals with high-care needs. The home is architecturally designed to provide a safe, comfortable, and functional living environment, ensuring independence and ease of mobility for residents. The property includes premium inclusions such as reinforced walls and ceilings, non-slip flooring, and advanced accessibility features, making it an ideal long-term accommodation option.

Suburb Profile:

Devonport, Tasmania, is a thriving regional hub located on the north coast of Tasmania. Known for its coastal lifestyle, Devonport offers excellent infrastructure, shopping centers, schools, healthcare facilities, and transport links. The suburb is home to the Spirit of Tasmania ferry terminal, providing easy access to mainland Australia. With a strong sense of community, recreational parks, and proximity to beaches, Devonport is a desirable location for both residents and investors.


Site Inclusions:

  • Site costs included
  • Fixed price turnkey contract

Preliminary Inclusions:

  • HIA Industry Building Contracts
  • SDA Compliance Approval

Internal Inclusions:

  • Wider hallways for improved accessibility
  • Reinforced walls and ceilings
  • Non-slip flooring in wet areas
  • Carers room with ensuite
  • High-quality cabinetry and storage
  • Height-adjustable benchtops in the kitchen
  • Fully accessible bathroom designs with grab rails and lever-style taps

External Inclusions:

  • Architecturally designed home inside and out
  • Feature aluminium windows
  • Colorbond custom orb roofing

Landscaping Inclusions:

  • High-spec landscaping to front and rear
  • Fully fenced with 1800mm high fencing on sides and rear
  • Modern letterbox included

Electrical Inclusions:

  • Reverse cycle air-conditioning (split system in each room)
  • LED lighting throughout
  • Hardwired smoke detectors with battery backup
  • NBN connection availability
  • Emergency power solutions (UPS system)

Appliance Inclusions:

  • European stainless steel dishwasher
  • European fan-forced stainless wall oven
  • European 600mm electric cooktop
  • European stainless steel 600mm range hood
  • Double bowl stainless steel sink
  • Front-loading washing machine
  • Provision for a ceiling hoist in all bedrooms

Upgraded Inclusions:

  • Fire sprinkler system installed
  • Height-adjustable kitchen benchtop
  • Enhanced security and intercom system

Furniture Pack Inclusions:

  • Not specified in the document, but it is generally required for common areas including lounge, dining, and white goods

Energy Efficiency:

  • Minimum 6-star energy rating
  • Insulation to ceiling and external walls
  • Double-glazed windows for improved thermal efficiency

Warranties:

  • 10-year structural guarantee
  • Independent property inspections at each major stage of construction


This High Physical Support SDA property in Devonport, Tasmania, is a modern, fully accessible home built to meet the highest standards of care and comfort. With premium inclusions, energy-efficient features, and a strong investment profile, this property is designed to provide long-term stability for both residents and investors.

SDA – Specialist Disability Accommodation – 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. 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 SDA:

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: SDA 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.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 2/79 Drake Street, Devonport TAS
City Devonport
State TAS
Postcode 7310
Suburb N/A

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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.

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This property is a single-contract property suitable for an SMSF.

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