SDA | EARN $186K p.a

Investors Note

Invest in this high-demand SDA location and achieve more with up to 15% gross yield and TPI of $186k.

SDA providers are calling out for more new homes in prime locations.

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

VIVA Hemmant is a beautiful, private enclave of 12 home sites, offering both bushland and city views. It’s only a short 15 km from Brisbane CBD, yet with is very own rural charm, Hemmant is Brisbane’s best kept secret.

Sandwiched between Brisbane city and the stunning Moreton Bay, this SDA home is extremely attractive for SDA participants. Hospitals and medical centre are nearby plus connectivity to the city and bayside suburbs, makes this opportunity a standout.

Hemmant benefits from proximity to major transport routes, including the Gateway Motorway, which connects to the Brisbane Airport and major highways. The Hemmant railway station provides regular services on the Cleveland line, offering convenient access to Brisbane City and the bayside suburbs.

Hemmant offers a number of nearby schools including state and private options, plus child care. Kianawah Park is a popular area which offers recreational facilities like playgrounds, sports fields, and walking tracks. Nearby are a range of neighbourhood shopping malls plus the mega mall, Westfield Carindale is within a 15 min drive.

What’s Nearby

• 2.8 km from Moreton Town Shopping Centre
• 3.2 km from Wynnum Plaza
• 3.3 km from Twin Parks Shopping Centre – Tingalpa
• 3 km from Wynnum Medical Centre
• 4.7 km from Baywest Medical Centre
• 7.4 km from Manly shorefront, marina, restaurants and cafes
• 7.6 km from Pandanus Beach, Wynnum
• 8.3 km from Westfield Carindale
• 13.1 km from Brisbane Airport
• 14 km from Mater Hospital Brisbane
• 15 km from Princess Alexandra Hospital
• 15 km from Greenslopes Private Hospital
• 15 km from Brisbane City

About the Property

- House and land package | 2 Part-Contract
- Land area | 408sqm
- Build area | 205sqm
- Land due to register Sept 2024
- 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 SE QLD.

Participants with SDA funding in use: 23
Participants with SDA funding, SDA not in use: 17
Participants with SDA funding: 40
Additional Participants eligible for SDA: 6
Total Participants with SDA funding or a SDA need: 46

The Key Numbers

As of July 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 - $81,326 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $186,768
Potential Yield – 15%

Improved Liveability

SDA Income - $67,667 per participant
MRRC - $12,058 per participant
Location Factor - 0.92
Potential Total Income | $159,450
Potential Yield – 12.8%

*Please note that these numbers are based on 2 participants only. Pricing is current as at July 2024 and is as per published SDA schedules.

Ready to get started?

- Reserve this property with a $5,000 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 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.

• Floor Plans