Plimsoll Street, Mickleham VIC (IL)

Description

This is an Improved Livability SDA property located in Mickleham within Merrifield Estate. The home design, Lifestyle 23 D IL, is built to meet the requirements of an SDA-compliant dwelling, ensuring accessibility and enhanced livability. The property is positioned on a 392m² block with a total house area of 200.43m² and features modern, high-quality inclusions for comfort and practicality.

Suburb profile:

Mickleham, located in the northern suburbs of Melbourne, is a rapidly growing area known for its family-friendly environment, new housing developments, and proximity to major infrastructure projects. It offers access to schools, shopping centres, parks, and transport links, making it an appealing choice for both investors and homebuyers.

Site Inclusions - Site Works, Foundations & Connections:

• Engineer-designed slab up to P Classification
• Termite treatment
• Temporary fencing
• Site signage and waste management
• Stormwater, sewer, water, and single-phase underground power connections
• Rock excavation and removal allowance included

Preliminary Inclusions:

• Engineer site assessment and survey
• Building permit
• Energy rating report (minimum 7 stars)
• Bushfire (BAL) compliance where applicable

Internal Inclusions:

• 2590mm high ground floor ceilings
• Hybrid timber-look flooring in bedrooms, living areas, and kitchen
• Ceramic tiling in wet areas
• Flush panel internal doors with chrome hardware
• Water-based acrylic paint for walls and ceilings
• Gloss enamel paint for doors, architraves, and skirting
• Insulation as per energy rating requirements

External Inclusions:

• Face brickwork with rendered features on the front façade
• Concrete roof tiles
• Colorbond fascia, guttering, and downpipes
• Feature aluminium windows at the front
• Flyscreens on all openable windows
• Feature front entry door
• Sectional Colorbond garage door with remote controls

Landscaping Inclusions:

• Coloured concrete driveway and path to the front porch
• Turf for front and rear gardens
• Drought-resistant planting
• Letterbox
• Ground-mount folding clothesline
• Landscaping, driveway, and path designs meet SDA compliance requirements

Electrical Inclusions:

• White LED downlights throughout
• Fluorescent strip light in the garage
• Floodlight with a sensor outside external doors
• Double power points throughout
• Single power points for the fridge and dishwasher
• TV point in the living room
• Telephone/data points in the kitchen and bedrooms
• Ducted exhaust fans in wet areas
• Hardwired smoke detectors with battery backup

Appliance Inclusions:

• 900mm electric oven
• 900mm electric cooktop
• 900mm rangehood
• Dishwasher
• Stainless steel sink with mixer tap
• Microwave provision

Upgraded Inclusions:

• 20mm engineered stone benchtops in the kitchen, bathrooms, and laundry
• Semi-framed shower screens
• Tiled shower bases
• Single hand shower with a rail

Energy Efficiency:

• Heat pump hot water system with a natural gas booster or electric heat pump where gas is unavailable
• PV solar system installed to meet energy rating requirements

Warranties:

• Three-month maintenance period
• 10-year structural warranty

This Improved Livability SDA home offers a high-quality investment opportunity in Mickleham's Merrifield Estate. With its thoughtfully designed accessibility features, modern inclusions, and compliance with SDA standards, it presents an attractive option for both investors and occupants seeking enhanced livability.

SDA – Specialist Disability Accommodation - Improved Livability

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.

Improved Livability Housing:

Improved livability housing offers better physical access and incorporates features for people with sensory, intellectual, or cognitive impairments. For example, these homes may include walls and floors with high contrast for easier navigation, open living areas that allow support workers to monitor residents, or designs that minimise stairs within the home.

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 stable, long-term rental income due to the ongoing demand for specialised accommodation.
2. Secure Tenancy: These homes often come with secure, long-term tenancy agreements, offering greater stability and reduced vacancy rates.
3. 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.
4. 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, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.

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