Talc Street, Cranbourne East VIC

Melbourne, VIC, 3977

$ 989,000

Melbourne, VIC, 3977
Talc Street, Cranbourne East VIC-0
Talc Street, Cranbourne East VIC-1
Talc Street, Cranbourne East VIC-2

Property Images

Talc Street, Cranbourne East VIC-0 Talc Street, Cranbourne East VIC-1 Talc Street, Cranbourne East VIC-2

Overview

Property ID: LA-9618

  • NDIS
  • Property Type
  • 3+OOA
  • Bedrooms
  • 4
  • Bathrooms
  • 1
  • Cars
  • 206

Details

Updated on Dec 12, 2024 at 12:41 pm

Property Type: NDIS
Price: $ 989,000
Land Price: $ 440,000
Build Price: $ 549,000
Gross Per Week: $ 3,592
Gross Per Annum: $ 186,768
Gross Yield: 18.88%
Capital Growth 12 Months: 2.18%
Capital Growth 10 Year Annualised: 6.58%
Vacancy Rate: 1.01%
Property Size: 206 m2
Land Area: 350 m2
Bedrooms: 3+OOA
Bathrooms: 4
Parking: 1
Title Status: March 2025
Property ID: 9618
SKU: 1036

Description

This 4-bedroom, 4-bathroom home in Nelson Village Estate, Cranbourne East, offers modern design with compliance to NDIS High Physical Support standards. Designed for accessibility, it includes premium inclusions and a complete turnkey solution for investors or families.

Suburb Profile:

Cranbourne East is a thriving suburb in Melbourne’s southeast, known for its excellent schools, parks, and proximity to shopping centers. With easy access to major transport links, it is a popular choice for families and investors seeking growth potential in Greater Melbourne.


Site Inclusions - Site Works, Foundations & Connections:

  • Engineer-designed slab for Class P sites
  • Termite treatment
  • Temporary fencing and site signage

Preliminary Inclusions:

  • Soil test, survey, and building permits
  • Energy rating report (minimum 7-star)

Internal Inclusions:

  • 2740mm high ceilings
  • Hybrid timber look flooring and tiles in wet areas
  • Stone benchtops in kitchen and bathrooms
  • Built-in wardrobes with mirror sliding doors

External Inclusions:

  • Brickwork with rendered features
  • Concrete roof tiles and Colorbond gutters

Landscaping Inclusions:

  • Turf to front and rear gardens
  • Drought-resistant plants and mulch

Electrical Inclusions:

  • White LED downlights throughout
  • Multi-head split-system air-conditioning

Appliance Inclusions:

  • 600mm electric oven, cooktop, and undermount rangehood
  • Double drawer dishwasher

Upgraded Inclusions:

  • Price does not include fire sprinkler system. Add $25,000 to the price for fire sprinkler system.

Energy Efficiency:

  • 7-star energy rating

Warranties:

  • 10-year structural warranty


This turnkey property in Cranbourne East offers a modern, accessible design with compliance to NDIS standards. Its location and features make it a prime investment or family home opportunity in Melbourne’s southeast.

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. 

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.

Address Talc Street, Cranbourne East VIC
City Melbourne
State VIC
Postcode 3977
Suburb N/A

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

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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