Matilda Crescent, Lara VIC (SDA)

Description

This stunning SDA – High Physical Support property in Lara offers a modern and thoughtfully designed home tailored to meet the needs of participants requiring high-level support. Featuring 4 spacious bedrooms, 4 bathrooms, and a double garage, it provides both comfort and functionality. Positioned in a growing suburb within the Greater Geelong region, this home combines accessible living with investment security. The design focuses on accessibility, long-term durability, and resident independence.

Suburb profile:

Lara is a thriving suburb in the Greater Geelong region of Victoria, offering a balance between suburban comfort and excellent connectivity. With direct rail access to both Geelong and Melbourne, the area is highly convenient for commuters. Lara also boasts reputable schools, shopping centres, medical facilities, and recreational amenities. Its continued population growth and infrastructure development make it an attractive choice for families and investors alike.

Inclusions:

• Specialist Disability Accommodation – High Physical Support design
• 4 spacious bedrooms and 4 bathrooms
• Modern kitchen and open-plan living layout
• Double garage with secure access

Preliminary Inclusions:

• Turnkey package with titled land
• High-quality build and finishes

Upgraded Inclusions:

• Option to add fire sprinkler system (+$25,000)

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:

• Sustainable Financial Returns: Investing in SDA homes can provide stable, long-term rental income due to the ongoing demand for specialised accommodation.
• Secure Tenancy: These homes often come with secure, long-term tenancy agreements, offering greater stability and reduced vacancy rates.
• 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.
• 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, this SDA – High Physical Support property in Lara represents a unique opportunity to secure a socially responsible and financially stable investment. With strong tenant demand and government support, it combines ethical investment with long-term value.

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