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Ashfield
4 Beds | 4 Baths | Approx 720 Square metres | 2 car spaces |
Investors Note
This is a RARE opportunity to invest in the market-leading Meridien SDA Studio Home. Our exclusive SDA Studio Home design is highly sought after by participants and providers and will ensure that your SDA investment delivers optimised returns.
Invest in this high-demand SDA location and achieve more with up to 16.3% gross yield and TPI of $174k.
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
Providers and Participants are calling out for more SDA homes here! Situated a mere 10 minutes from Bargara Beach and just 2 minutes from the heart of Bundaberg CBD. Belle Eden Estate is an exceptional master-planned community in a tranquil environment and offers residents convenient access to a host of amenities!
The popularity of Belle Eden has delivered exhilarating growth. Over a hundred new homes have been built and upon completion Belle Eden will be home to a vibrant village community, with dozens of exclusive precincts and around three thousand people will eventually call Belle Eden home.
Belle Eden Estate provides easy access to brand-new-schools, supermarkets, medical centres, parks and sporting grounds, as well as being just a short drive to Bargara Beach, a coastal hotspot. For NDIS Participants this house and land package is close to renowned health care institutions and medical services.
What’s Nearby:
• 3.5 km Dr Ishri Ajesh
• 3.5 km from St Luke's Anglican school
• 4.9 km Ashfield Country Practice
• 5.4 km Burrum Street Medical Practice
• 5.8 km from Bundaberg CBD
• 6.5 km Alexandra Park Medical Centre
• 7.2 km Bundaberg Hospital
• 7.8 km Mater Private Hospital Bundaberg
• 9.4 km Airport Regional Airport
• 12 km from Bargara Beach
• 13 km from Kelly's Beach
About the Property
- House and Land package | Build and Land contracts
- Land area | 720sqm
- Build area | 247sqm
- Due to register Dec 2024
- High Physical Support SDA | 2 Participant + OOA | 4 Bath | 2 liv | 2 Car
- x2 High Physical Support SDA Studios |Each studio with 1 bedroom, bathroom & private living room
- 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 Bundaberg.
Participants with SDA funding in use: 77
Participants with SDA funding, SDA not in use: 28
Participants with SDA funding: 105
Additional Participants eligible for SDA: 4
Total Participants with SDA funding or a SDA need: 109
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 - $74,254 per participant
MRRC - $12,838 per participant
Location Factor - 0.84
Potential Total Income | $174,184
Potential Yield – 16.3%
Improved Liveability
SDA Income - $61,783 per participant
MRRC - $12,838 per participant
Location Factor - 0.84
Potential Total Income | $149,242
Potential Yield – 13.9%
*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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NO FIRE SPRINKLERS
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4 beds | 2 baths | 2 car spaces |
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.