Lot S1743 Tellicherry Road, Mickleham VIC-0
Lot S1743 Tellicherry Road, Mickleham VIC-1
Lot S1743 Tellicherry Road, Mickleham VIC-2

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Lot S1743 Tellicherry Road, Mickleham VIC-0 Lot S1743 Tellicherry Road, Mickleham VIC-1 Lot S1743 Tellicherry Road, Mickleham VIC-2

Overview

Property ID: LA-3551

  • House and Land
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 206

Details

Updated on Nov 05, 2024 at 11:16 am

Property Type: House and Land
Price: $ 1,094,549
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 3,320
Gross Per Annum: $ 172,624
Gross Yield: 15.77%
Capital Growth 12 Months: 0.77%
Capital Growth 10 Year Annualised: 5.96%
Vacancy Rate: 1.75%
Property Size: 206 m2
Land Area: 350 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 3551
SKU: 1017

Description

This NDIS High Physical Support property located at Lot 1743 Tellicherry Road, Mickleham, is designed specifically for participants requiring enhanced accessibility and features. The home includes two participant bedrooms with tailored safety and accessibility modifications, along with an additional onsite overnight assistance (OOA) room. Situated in a high-growth suburb with essential amenities nearby, this property is an ideal choice for investors focused on the NDIS market.

Suburb profile:

Mickleham is a rapidly growing suburb approximately 29 kilometers north of Melbourne’s CBD, known for modern residential developments and convenient amenities. The suburb offers easy access to the city via the Hume Freeway, and the expanding public transport network enhances connectivity. With access to shopping centers like Merrifield City and educational institutions, Mickleham is increasingly appealing to families and investors alike.


Site Inclusions - Site Works, Foundations & Connections:

  • Termite treatment for timber frame and slab.
  • Three-phase power and mains electricity connection.
  • Stormwater connection to LPOD inside property, up to 1.2m depth.
  • Telecommunications conduit installed to be NBN ready.

Preliminary Inclusions:

  • SDA assessment, certification, and final inspection.
  • Emergency evacuation plans as per SDA requirements.
  • Home setback of a minimum of 3m.

Internal Inclusions:

  • Multi-head split system for cooling and heating in all rooms.
  • Acoustic insulation in participant bedrooms.
  • LED strip lighting in the kitchen and 90mm diameter LED downlights.
  • Storage in robes, pantry, linen, and broom cupboards.
  • 20mm stone benchtops with rounded corners.

External Inclusions:

  • Colorbond sectional overhead garage door with remote control.
  • Powder-coated aluminum windows and sliding doors.
  • Concrete floors in porch and alfresco.

Electrical Inclusions:

  • Power points, switch plates, porch soffit lights, alfresco light, sensor lights, TV points, phone/data points.
  • Safety switches and smoke detectors, hardwired to meet NCC requirements.

Appliance Inclusions:

  • 600mm wide induction cooktop, canopy rangehood, and freestanding stainless steel appliances.
  • Double bowl sink with single drainer in stainless steel.

Energy Efficiency:

  • Combination of Performance solution and Deemed-to-Satisfy Solution to meet energy efficiency standards.
  • Heat pump hot water system.

Warranties

  • 10-year structural warranty.
  • 3-month maintenance period.


This NDIS High Physical Support property in Mickleham offers an accessible design and substantial rental yield, making it an attractive option for SMSF investors focused on the disability housing sector.

The property includes provisions for SDA certification and compliance with safety and accessibility standards, providing additional appeal for investors targeting the NDIS 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

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 S1743 Tellicherry Road, Mickleham VIC
City N/A
State VIC
Postcode 3064
Suburb N/A

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

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