Overview
Property ID: LA-3521
- House and Land
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 213
Details
Updated on Nov 13, 2024 at 06:10 pm
Property Type: | House and Land |
---|---|
Price: | $ 1,093,880 |
Land Price: | $ 477,000 |
Build Price: | $ 616,880 |
Gross Per Week: | $ 3,740 |
Gross Per Annum: | $ 194,492 |
Gross Yield: | 17.78% |
Capital Growth 12 Months: | 1.05% |
Capital Growth 10 Year Annualised: | 5.52% |
Vacancy Rate: | 0.92% |
Property Size: | 213 m2 |
Land Area: | 392 m2 |
---|---|
Bedrooms: | 3+OOA |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 3521 |
SKU: | 1026 |
Description
This property is a 3-participant plus carer SDA house designed for High Physical Support. It includes essential features for accessibility and energy efficiency, making it an ideal investment in the growing field of supported housing.
Suburb profile:
Officer is a rapidly developing suburb in Melbourne’s southeast, known for its family-friendly environment, access to schools, parks, and transportation options. The area has seen substantial growth and development, with increasing demand for residential and special needs housing options.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed site costs up to P class (excluding any rock removal and retaining walls)
Internal Inclusions:
- 2700mm ceiling height throughout
- Villaboard (9mm) to laundry, bathroom, and ensuite walls
- Step-free entry to and from main entrance, laundry, and alfresco area
- LED lights throughout
- Electric 900mm stainless steel kitchen appliances, 600mm dishwasher, and 600mm oven in oven tower
- Flooring options including laminate timber flooring or 600x600 tiles or vinyl flooring from builder range
- Split system air conditioning units
- Intruder alarm system with 3 PIR detectors
External Inclusions:
- Face brick/render to all facades
- Color concrete driveway
- Sectional panel lift garage door with 2 remote controls
Landscaping Inclusions:
- Landscaping and fencing (design specific)
- Free sprinklers worth over $35k
Electrical Inclusions:
- Provision for future automation for roller blinds
- Gas-boosted solar panel hot water system/electric heat pump
- Provision for power backup as per design specifications
Appliance Inclusions:
- Electric 900mm stainless steel kitchen appliances, including a 600mm dishwasher and oven tower
Energy Efficiency:
- Built to comply with NCC's 7-Star Energy Requirement
Other Details:
- Free sprinklers worth over $35,000 and high returns with participant placement available.
This 3 Participant Plus Carer SDA property offers high physical support accommodation with premium inclusions and energy-efficient design, making it a valuable investment opportunity in the rapidly growing SDA market.
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.
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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.