Overview
Property ID: LA-9618
- SDA
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 1
- Cars
- 206
Details
Updated on Jan 22, 2025 at 11:14 am
Property Type: | SDA |
---|---|
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 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 SDA standards. Its location and features make it a prime investment or family home opportunity in Melbourne’s southeast.
SDA – Specialist Disability Accommodation – 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. 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 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:
- 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.
- Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.
- 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.
- Government Support: SDA 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.
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.