New NDIS-SDA Home | Completed Soon

Investors Note

Invest in this high-demand SDA location and achieve more with up to 14.8% gross yield and TPI of $192k.

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

Our finance partners can provide investors with specialised SDA finance for this property.

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

This large SDA-NDIS investment home is about to be completed, with handover expected in April/May 2025. This location is in high demand among SDA Providers due to the property’s accessible location and liveability.

Epping is part of Melbourne’s northern growth corridor, which is experiencing significant residential and commercial development. The Victorian government has earmarked the area for major infrastructure expansion.

The area is well connected and with a growing population and expanding job market, Epping has high demand for rental properties, especially from young families and professionals.

It boasts extensive shopping options, including Pacific Epping and the Northern Hospital, which serves as a major healthcare hub. The suburb also has commendable public transport links, with the Epping train station and multiple bus routes taking you straight into the CBD. Green spaces like Epping Recreation Reserve and various local schools make it appealing for families.

What’s Nearby:

- 2 km from Epping Recreation Reserve
- 3.2 km from Epping Railway Station
- 4 km from Epping Plaza Shopping Centre (Pacific Epping)
- 4.3 km from Northern Hospital
- 5.3 km from Aurora Village Medical Centre
- 5.3 km from Aurora Village Shopping Mall
- 6.6 km from the proposed Wollert Train Station - Mason Quarter
- 23 km from Melbourne CBD

About the Property

- Brand-new home – Single contract
- Land area: 461m2
- Build area: 229m2
- High Physical Support SDA | 3.3.2.2 | 2P + OOA
- Build to be completed in April/May 2025
- Full turnkey
- Total support throughout the buying and tenanting process!

Demand

The data confirms what the SDA providers are telling us. They need more new SDA homes in VIC.

Participants with SDA funding in use: 213
Participants with SDA funding, SDA not in use: 83
Total Participants with SDA in use or SDA eligible (not yet using SDA): 296

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 - $83,336 per participant
MRRC - $12,838 per participant
Location Factor - 0.90
Potential Total Income | $192,348
Potential Yield – 14.8%

Improved Liveability

SDA Income - $69,868 per participant
MRRC - $12,838 per participant
Location Factor - 0.90
Potential Total Income | $165,412
Potential Yield – 12.7%

*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
- Remainder of 10% on Finance Approval
- Finance Clause accepted

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.

• Floor Plans