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Mango Hill
3 Beds | 3 Baths | Approx 400 Square metres | 2 car spaces |
Investors Note
Invest in this high-demand SDA location and achieve more with up to 14.4% gross yield and TPI of 183$k.
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
Located in the sought-after Capestone Estate, this SDA home will be popular in the NDIS community and deliver a higher level of financial performance for our investors.
Mango Hill is just 23 km from Brisbane CBD and is the economic hub of Moreton Bay. 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. 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.
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:
- 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.
- 1 km to doctors clinics
- 10 km to the beaches of Scarborough and Redcliffe Peninsula
- 10 km to Redcliffe Hospital
- 23 km to Brisbane CBD
- 56 km to Sunshine Coast beaches
About the Property
- House and Land package | Build and Land contracts
- Land area | 400sqm
- Build area | 220sqm
- Tilted land | Build now!
- High Physical Support SDA | 2 Participant + OOA | 3 Bath | 2 liv | 2 Car
- Total support throughout the build and tenanting process!
- 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: 43
Additional Participants eligible for SDA: 7
Total Participants with SDA funding or a SDA need: 56
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 - $78,674 per participant
MRRC - $12,838 per participant
Location Factor - 0.89
Potential Total Income | $183,232
Potential Yield – 14.4%
Improved Liveability
SDA Income - $65,460 per participant
MRRC - $12,838 per participant
Location Factor - 0.89
Potential Total Income | $156,598
Potential Yield – 12.3%
*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
- Speak to a Meridien Team Member to discuss the process of buying this investment property inside your Self Managed Super Fund
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.
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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.