Completed Robust Leichhardt / Ipswich
$905,000 ONO
This will house 2 Robust participants and according to the NDIS 2023 Price Guide rent potential $148,000 per annum.
Returns from 15% per year
Why Invest? Reap The Benefits.
It is very key to make an educated decision based on truth and fact. As a long term old school business, we endeavor to provide all the information to make a well informed and educated decision when it comes to making investments. Given our knowledge and experience, we are confident that utilizing this NDIS scheme will give significant returns with very high security. Here are some of the benefits you will expect from an SDA Housing Investment:
A Large Demand For SDA Homes
Research by the government in 2018 has revealed a 60% shortfall in available homes for this sector.
Long Term Government Support
The Australian Government have announced guaranteed continuation of the scheme for the next 20 years.
Incredible Returns Of Investment
Investors are expected to make upwards of 11% per annum.
Fact Sheet For Investing
Investors Who Are After Financial Security & High Rental Returns, we will show the process we will use a typical 4 bedroom home as an example:
4 Bedroom, 4 Bathroom Home This caters for 3 tenants/participants and 1 onsite overnight carer $840,000
Initial Deposit on signing an Expression of Interest is $1,000. This secures the land (No Commitment) but held for client whilst the contract process takes place. It takes 2 to 5 working days for both land and and build contracts to be prepared and they then go out to be signed by purchasers. Once contracts are returned they are signed by the land developer and builder.
Contract dated after last person signs the land contract.
(This is usually the land developer or his solicitor). From the date of contract there is a 5 working days cooling off period and if the contract is not Subject To Finance now becomes unconditional. ( usually a Cash Contract)
If the contract is still subject to finance, it becomes unconditional after finance approval. (Usually 21 Days STF but extension granted where lenders take longer than expected) Now the balance of deposit is due on land including the $1,000 initial deposit. Normally this is 5% of the land value.
Land contract is now unconditional
Builder may invoice for 1st progress build deposit 5% (Refer to progress payment (1) of build contract) this may sometimes happen at unconditional or after the land settles. Council , usually 2 weeks for approval plans (can Vary) after approval footing payment due etc – Refer to build Contract for progress payment schedule to settlement.
Usual deposit conditions 5% deposit on both house & land Balance land deposit to 5% on unconditional.
The land is land tax exempt and stamp duty is only payable on the land
When the land contract is unconditional
The plans are ready to submit to the council. The land contract settles -The builder has confirmed by letter from the certifier that the plans are compliant, builder will lodge plans and wait for approval of drawings from Council.
The Service Provider will sign the lease agreement
They will then begin the process for sourcing compatible tenants for the home. The client will pay a% of the annual rent for sourcing all tenants (Once only). TBA for each service provider. Once suitable tenants are sourced, they sign an “intention to rent” and are advised they will sign a tenancy agreement prior to moving in. Once the home is built the service provider will lodge final assessment documents to LHA who issue final certification. An application then goes to NDIA for registration of the NDIS/SDA home into the scheme for funding.
Returns are based on the NDIS/SDA price guide accurate at the time of publication, all info subject to change
How Do I Invest?
At SDA housing investments we make investing in a SDA Property easy. We can walk you through all the background, government regulations and standards, financial benefits and assessed risks. You are more than welcome to contact us via our live chat, give us phone call at 0421462655, send us an email at info@sydneywestrealty.com.au
Property Features
- barbeque
- Ducted Aircondition
- 1 Open Space
- 2 Garages