THIS PROPERTY IS CURRENTLY TENANTED WITH ONE TENANTS AT SIL LEVEL – INCOME IS 700 PER WEEK = $34,700 PER ANNUM.
Can confirm that the SIL lease will be 1st March 2025 to 1st March 2026. Open for any SDA participant.
WHY BUY NDIS?:
• Govt scheme in place for 20 years – long term secure lease to Federal Govt of Australia – high income returns
• Provide lovely new home with all up to date facilities for the disabled and bring comfort and joy to someone life who currently does not enjoy this!
• Ask for additional information re the scheme and how it works and is working!
• Very secure investment
LOCATION:
Located in the suburb of Townsville, Kelso, this property sits within a new estate, surrounded by other quality homes in a quiet and friendly neighbourhood. This is a special and rare opportunity!
THIS OPPORTUNITY:
This brand new home has been completed construction for just over 4 months. The cost to purchase has been calculated at current land value plus the current build cost to replace the home if built today! There is a huge advantage in buying now – as the warranties are still applicable and the QBCC Insurance is still affective for the balance term. The home is in brand new condition.
We have calculated the purchase price on current replacement costs – (these costs are based on the current figures provided by the council, the cost of construction currently, and fees and charges payable to other authorities and the govt – these may change due to amendments).
INCOME:
This property when tenanted, will have a substantial and strong income. The income stated is from the Govt Income calculator (dated June 24) The total income for 2 x participants at HPS care level maximum is $99,572 per participant. When fully tenanted by 2 participants (which is preferred by most care providers) the total income would be $199,144 – Gross income yield of 24% – huge! (refer to the attached Calculation of Income from Govt supplied calculator)
CURRENT TENANCY:
THERE IS ONLY ONE TENANT IN THIS PROPERTY CURRENTLY – SIL LEVEL. CURRENT INCOME IS $700 PER WEEK = $36,400 PA. Tenancy lease is from 1/3/25 to 1/3/26 – 12 months
The benefit of buying already constructed home!
– The average build time for a HPS compliant home is now between 10-12 months
– When participants are secured the home is ready for them to immediate accommodate – no waiting time for them!
– All Building approvals and HPS Compliance certificates and approvals are in place and current
– Property price increases are immediately applicable
Explore this exciting new concept for investing for long term growth and also high income return!
NDIS/SDA is an opportunity with a secure lease with the Govt for 20 years. We have information available for you to totally understand Investing in SDA/NDIS – please request this information as the scheme is quite complex.
There is opportunity to inspect the property upon request.
This Opportunity: ONE CONTRACT PURCHASE
Address: 28 Dunlop Street, Kelso Townsville Northern Qld 4815
Land size: 450m2. Land price: $165,000 REGISTERED
Build size: 215.17m2. Build cost: $641,206 (calculated at current building cost for HPS compliance)
Total House and package cost: $850,000
Total rooms: 4 beds, 4 baths and 2 cars – 24 hour Carer accommodation included
Titled: yes
This is a property designed at the Hi Physical Care level of compliance with a 24 hour care service
POTENTIAL AND PREDICTED GROWTH: This is a predicted high growth location for price increase in the land due to the following:
REPORT FROM REAL ESTATE.COM dated 24/12/24: Propertyology’s 2025 Property Market Outlook – The firm’s head of research Simon Pressley said “Townsville is tipped to become Australia’s hottest property market in 2025, with home prices forecast to surge up to 30 per cent. What’s even more impressive is Townsville’s significant recent investment in amenities, lifestyle enhancements and its enormous pipeline of economic development initiatives. There’s nothing like it anywhere else in the country.”
FOR SALE: $850,000
Kaye Tilley
0418 823 046
