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Mango Hill
3 Beds | 3 Baths | Approx 400 Square metres | 2 car spaces |
Investors Note
NDIS-SDA investors looking for a strategic advantage must look closely at this opportunity.
Exclusive to Meridien, we have 2 x side-by-side NDIS-SDA Homes that are custom-designed for our SDA Provider partners.
Located in the sought-after Capestone Estate, these SDA Homes will be popular in the NDIS community and deliver a higher level of financial performance for our investors.
Increase investment security with an optional 5-year head lease with option extensions.
High-quality NDIS-SDA properties are hard to find. These homes stand out in the market.
Mango Hill is just 23km from Brisbane CBD and is the economic hub of Moreton Bay.
What is SDA?
Specialist Disability Housing (SDA) 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.
SDA offers investors a very high-yielding asset.
For more information get in contact with us today.
Location
Capestone Estate is in Mango Hill, within the picturesque Moreton Bay region just north of Brisbane. The estate offers all of life's essentials within a minute’s walk; local shops, parks, a train station, and the 12.8ha central lake.
The estate is centrally located only minutes from the Bruce Highway, accessing Brisbane within 40 minutes and the Sunshine Coast within an hour.
What’s Nearby:
- Within the estate, residents enjoy the central lake, park areas, BBQ and picnic spaces, bikeways, and walking paths, which connect open space networks throughout the estate.
- 500 m to Capestone’s very own dining and shopping centre.
- 500 m to Mango Hill East Rail Station, making the commute to Brisbane seamless.
- 1 km to Northlakes Westfield mega retail and entertainment centre.
- 10 km to the beaches of Scarborough and Redcliffe Peninsula.
- 10 km to Redcliffe Hospital
About the Property
These homes are custom-designed in partnership with our SDA Provider partners. They have some extra design features to better meet the specific needs of SDA participants.
- House and land package – 2-part land and build contracts
- Land area: 400m2
- Build area: 219.62m2
- Titled Land | Ready To Start Building now!
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Extra living space and storage
- 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: 31
Participants with SDA funding, SDA not in use: 18
Participants with SDA funding: 49
Additional Participants eligible for SDA: 7
Total Participants with SDA funding or an SDA need: 56
Available Participants = 25
Additionally, there are a further 38 available participants in nearby Redcliffe and 33 in Narangba-Burpengary
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 - $78,674 per participant
MRRC - $12,838 per participant
Location Factor - 0.89
Potential Total Income | $183,024
Potential Yield – 14.6%
Improved Liveability
SDA Income - $65,460 per participant
MRRC - $12,058 per participant
Location Factor - 0.89
Potential Total Income | $155,036
Potential Yield – 12.5%
*Please note that these numbers are based on 2 participants only. Pricing is current as of June 2024 and is as per published SDA schedules.
Ready to get started?
Get in touch to discuss the buying terms...
- $5,000 Expression of Interest
- $25,500 on Finance Approval
- 28 day Finance Clause
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.