This is a very unique opportunity.
In fact, you as an Investor can be part of and a contributor to a life changing opportunity for Disabled people Australia wide!
Plus earn more than the average income returns on a variety of property options.
What is this opportunity?
This is the SDA Disability Housing Opportunity = NDIS – $22 Billion has been allocated for this housing – annually funded by the Govt to all states of Australia
– The Gov’t pays the rent
– Rents annually up to $120,000+ PA and more
– Income is based on the individual care levels of the participants and carer provided services
– The Australian Govt pays the rent on behalf of the participants
Plus Lease to Federal Govt for 20 years (10+10)
Prices quoted: The price quoted here is for the Land cost plus the build cost only –
There are additional costs that you could incur in addition to the house and land cost!
Please be aware of the details – there are some additional expenses that will be/ and also can be included in your investment opportunity. There is an additional cost to the sourcing of, and the placement of the participants in your dwelling. This is not all Govt funded, and sometimes the participants cannot afford to pay this. We have a special document which deals with this. This gives full disclosure regarding these additional costs and also any additional potential costs that you could incur. This also includes any furniture and fitting out that would be required of you to make the home habitable. (conditions apply to this) Please request. Please refer to the attached schedules in which the potential expenses have been estimated for you.
Income quoted:
Warning! Maximum potential yields are shown based on full tenancy at the specific Care Level, and based on the property’s SDA design.
The income has been calculated using the appropriate calculator supplied by NDIS. The incomes change depending on type and size of dwelling, the number of participants, the Care levels required by those participants. This is the maximum income for this care category and number of participants or tenants. Do not assume that this will be the final income.
Leases and Management: The initial leases are usually 6 months to 12 months and then may be an extended amount of time eg 5 years – remember that your property is registered with the Federal Govt for lease for 20 years from the date your initial tenant moves into the property. These people with disability like to reside in their “forever home” and if they are happy with their home they will stay for long periods of time. Management must be undertaken by a special licensed Management Company to NDIS Managements. Please request details for this. The Care Providers may charge a Registration/Management Agreement fee (we have allowed $5,000 plus gst, and they may charge for the sourcing and placement of each participant (tenant) and this could be $6000 plus gst for each. However usually around $2500 each tenant. Refer to our schedule of total costs for this.
Add to this a furniture package of $10,000 and upgrades of $5000 – these expenses may not be applicable – but we want you to be aware of the maximum potential expenses you could incur before your property is fully tenanted and you earn income!
There is so much more information that you need to read and understand. This scheme is very exciting but it is also very complex. We encourage you to request our Information Reports, and then from there we are wanting to disclose to you all the additional information that you need to know and understand.
Please also be aware that sometimes there is a time delay due to the high complexity level of SDA applications – the Govt take time to undertake due diligence on confirmation of care level and also confirmation of income they will pay – be prepared for this!
We work with very reliable SDA Providers, and SIL providers and we have had excellent results in the past – with participant placement very soon after completion. We are happy to provide these details and contacts.
This Opportunity:
Address: NDIS/SDA – Lot 161 Hillsview Boulevarde, Hillsview Green Estate Angle Vale SA
Land size: 666m2 Registered
Dwelling: Custom designed to SDA compliance standards for Fully Assessible and Improved Liveability care level
Total: 4 beds, 4 baths and 2 cars (2 x participants Plus 24 hour carer)
Total size of house : 260m2
BUILD COST INCLUDES ALL COSTS FOR SDA COMPLIANCE FOR FULLY ASSESSIBLE CARE LEVEL
Rental Income Estimation: (maximum)
2 participants + 24HR OOA ( improved Liveability + Fully assessable) = Gross $122,014 Maximum income (calculated in accordance with the new current income levels provided by SDA). Gross 12.7% yield
Net Income estimated at $91,511 for same level of care. Net 9.5% yield
This home could accommodate 2 participants at Fully assessable or Improved Liveability Care levels.
Re Expenses: approx. 25% for provider fees, maintenance, insurances, rates and water etc
Please be aware that this is the maximum that the Govt will pay for these levels. Please do not rely on this income level as sometimes this is adjusted by the Govt to lesser amount due to the care levels of the participants.
OR
It maybe necessary to have a combination of participants at various care levels and we can provide you with a schedule re Tenancy Mixes with Gross and net incomes for each category listed – you may request this
Re Additional equipment or facilities specifically required for individual participants needs:
(there may be additional costs which cannot at this time be included due to being individually associated to the care level of the specific participants).
Specialised equipment may need to be installed and provided, however there is a rebate available paid back to you by the Govt for this type of equipment. This is managed by the Care Provider and is not managed by ourselves. This needs to be fully discussed at the time of the potential placement of the participant in your dwelling and discussed with the Care Provider and also the Occupational Therapist consultants. Please request further details re this.
Please call me to discuss – there is SO MUCH to understand regarding investing in SDA housing!
Price for House and land package only: refer to the brochure price included:
Total purchase cost $959,500
This property is subject to availability.
FOR SALE: $959,500
KAYE TILLEY
0418 823 046
