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Ellenbrook
3 Beds | 4 Baths | Approx 450 Square metres | 2 car spaces |
Investors Note
Invest in a high-demand SDA location and achieve more with up to 14.5% gross yield and TPI of $188k.
SDA providers are calling out for more new homes in prime Perth locations.
Meridien Invest has just listed this newly COMPLETED custom High Physical Support home with a High Physical Support Tenant already in place and generating income.
This unique NDIS-SDA investment opportunity comes with immediate income and reduced risk.
This is a great place to start if you want the perfect SMSF investment.
What is SDA?
Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an ‘extreme functional impairment’ or ‘very high support needs’. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.
Specialist Disability Housing offers investors a very high-yielding asset. For more information get in contact with us today.
Location
Ellenbrook is located 30km northeast of Perth’s CBD and this growth corridor is enjoying substantial infrastructure investment and population growth. The popular area is at the gateway to the Swan Valley, offering residents both convenience to services, transport links, and nature.
The new Morley-Ellenbrook Rail Line will allow passengers from Ellenbrook Station to enjoy a seamless 30-minute journey to the Perth CBD, with no need to transfer trains. This is almost half the current travel time for residents using public transport.
Convenience is at your doorstep with Ellenbrook Central. This functional retail venue boasts over 100 stores & casual restaurants, plus banks, beauty salons, health services & more.
From a SDA perspective this liveable location is extremely attractive as it is supported by an abundance of health care facilities and nearby hospitals.
What’s Nearby
• 3 km from Swan valley
• 5 km from Goshen Medical Centre
• 6.0 km from Ellenbrook Medical Centre,
• 7.9 km from Ellenbrook Central shopping mall
• 8.2 km from Ellen Stirling Medical Centre
• 10 km from the nearest beach
• 19 km from St John of God Midland Public and Private Hospitals
• 25 km from Joondalup Health Campus
• 30 km from Osborne Park Hospital
• 32 km from Perth’s CBD
About the Property
This exquisite home offers the utmost privacy and spacious rooms with individual courtyards accessible from each room, creating a modern and inviting ambiance.
The open kitchen and lounge area provide a comfortable living space, complemented by Smart Technologies for added convenience.
This home is extremely function, and flexible, which is highly attractive within the NDIS space. With 2 participant bedrooms and 3 bathrooms, the home is ideal for individuals seeking lots of personal space.
Additional rooms have been strategically added for family members, or this room can also be used for breakout space or physical therapy. The home also boasts a dedicated overnight carer room.
- House and land package – Single contract
- Land area: 450m2
- Build area: 233m2
- Completed SDA Home!
- High Physical Support tenant in place
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Full turnkey
- Fast build times
- Total support throughout the build and tenanting process!
Demand
The data confirms what the SDA providers are telling us. They need more new SDA homes in Perth.
Participants with SDA funding in use: 12
Participants with SDA funding, SDA not in use: 89
Participants with SDA funding: 101
Additional Participants eligible for SDA: 17
Total Participants with SDA funding or a SDA need: 118
The Key Numbers
As of June 2024, the SDA pricing was increased, this includes High Physical Support, Improved Liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.
High Physical Support
SDA Income - $82,210 per participant
MRRC - $12,058 per participant
Location Factor - 0.93
Potential Total Income | $188,536
Potential Yield – 14.5%
Improved Liveability
SDA Income - $68,402 per participant
MRRC - $12,058 per participant
Location Factor - 0.93
Potential Total Income | $160,920
Potential Yield – 12.4%
*Please note that these numbers are based on 2 participants only. Pricing is current as at June 2024 and is as per published SDA schedules.
Ready to get started?
Get in touch to discuss the buying terms...
$2,000 expression of interest.
Make your move soon though as this is going to sell quickly.
Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.
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Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.