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Kaye Tilley
+ 61 0418 823 046
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For sale

House10mo

$764,000

Bundamba, QLD, 4304, Australia

3Bedrooms
3Bathrooms
2Carspots
182 m²Floor size
600 m²Land size
Map of the surrounding area
Nearest stations
Bundamba
634M (8 mins)
Ebbw Vale
1.0KM (13 mins)

Property Features

  • Broadband
  • Dishwasher
  • Fully Fenced
  • Built-in Robes
  • Air Conditioning
  • Split-system Aircon

About this Property

This is a very unique opportunity.
In fact, you as an Investor can be part of and a contributor to a life changing opportunity for Disabled people Australia wide!
Plus earn more than double the average income returns on a variety of property options.
What is this opportunity?
This is the SDA Disability Housing Opportunity = NDIS - $22 Billion allocated for this housing - annually funded by the Govt to all states of Australia
- The Gov't pays the rent and tenant contributes!
- Rents annually up to $100,00 PA and more
- Income is based on the individual care levels of the participants and carer provided services

Presented here is just one of the many custom designs we have available that you can invest in.
WE WORK INDIVIDUALLY WITH YOU AS THE INVESTOR AND WE MATCH THE PROPERTY TO YOUR LEVEL OF AFFORDABILITY AND ALSO TO MATCH THE INCOME REQUIREMENTS YOU REQUIRE.

Prices quoted: Please be aware of the details - there are some additional expenses that will be/ and also can be included in your investment opportunity. There is an additional cost to the sourcing of, and the placement of the participants in your dwelling. This is not all Govt funded, and sometimes the participants cannot afford to pay this. We have a special document which deals with this. This gives full disclosure regarding these additional costs and also any additional potential costs that you could incur. This also includes any furniture and fitting out that would be required of you to make the home habitable. (conditions apply to this) Please request. Please refer to the attached schedules in which the potential expenses have been estimated for you.
House and land package price as per the brochure attached: $764,000
With potential additional expenses this price could increase. But all these expenses need not be incurred, but we need you to be informed regarding this and to be able to handle this re your finance capability.
Income quoted:
The income has been calculated using the appropriate calculator supplied by NDIS. (date July 23) The incomes change depending on type and size of dwelling, the number of participants, the Care levels required by those participants. This is the maximum income for this care category andnumber of participants or tenants.
Leases and Management: The initial leases are usually 6 months to 12 months and then may be an extended amount of time. Sometimes they are very long term eg 3 years to 5 years or even longer. These people with disability like to reside in their "forever home" and if they are happy with their home they will stay for long periods of time. Management must be undertaken by a special licensed Management Company to NDIS Managements. Please request details for this. The Care Providers may charge a Registration/Management Agreement fee (we have allowed $5000 plus gst) and they may charge for the sourcing and placement of each partoicipant (tenant) we have included $6000 plus gst for each. Refer to our schedule of total costs for this.
There is so much more information that you need to read and understand. This scheme is very exciting but it is also very complex. We encourage you to request our Information Reports, and then from there we are wanting to disclose to you all the additional information that you need to know and understand.

This Opportunity: For sale:
Landlot lot 92 "The Village Estate" Bundamba - Ipswich
Land size: 600m2 Land price: $295,000 - registered in July 23

Dwelling: Custom designed to SDA compliance standards for Improved Liveability care Level
Total: 3 beds, 2 baths and 1 car/ van (2 x participants Plus 24 hour carer)
Total size: 182m2.
Build cost: $469,000
BUILD COST INCLUDES ALL COSTS FOR SDA COMPLIANCE FOR Improved Liveability
Please request details of these costs. There is a list incuded in the building plans of the brochure).

WE WORK WITH A DIFFERENCE:
THIS PROPERTY IS FOR SALE BUT BE AWARE IF THIS IS SOLD we do have packages to sell like this one - however to provide these:
- We specifically source land in areas where the need for this type of disability housing is in demand.
- We custom design our homes to match the level of care that is required for the participant tenants
- We work hand in hand with Care Co-ordinators regarding the selection of and the placement of participants in our homes. In fact, we quite often have participants just waiting for the homes to be completed and to move in!
- We do not believe that you the investor should be waiting many months for return on your investment - please request additional details regarding this.

Rental Income Estimation:
Improved Livabillity x 2 participants + 24HR OOA = Gross $134,792 PA (calculated in accordance with the current income levels provided by SDA (dated July 23 )
Gross income return: 17.6% (calculated on the contract pricing for house and land
Net Income $ (after management and associated property expenses) = 13.3% net yield
But not including participant procurement and Management fees
It maybe necessary to have a combination of participants at various care levels and we can provide you with a schedule re Tenancy Mixes with Gross and net incomes for each category listed - please request this

Specialised equipment may need to be installed and provided, however there is a rebate available paid back to you by the Govt for this type of equipment. This is managed by the Care Provider and is not managed by ourselves. This needs to be fuly discussed at the time of the potential placement of the participant in your dwelling and discussed with the Care Provider and also the Occupational Therapist consultants. Please request further details re this.

Price for House and land package only: refer to the brochure price included: $764,000
We recommend that you undertake the preparation of Reporting for SDA data and also Feasabilities re income and expenditure and the financial analysis of this property - base your decision on the correct facts!
Our accountancy dept prepares this but this has a cost! Please ask for details.

FOR SALE: $764,000



KAYE TILLEY
0418 823 046
Avatar of K. Click to visit the profile.

Kaye Tilley

My Property Shop Australia
+ 61 0418 823 046
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More Details on , Bundamba QLD

How many bedrooms and bathrooms does , Bundamba have?

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, Bundamba is a 3 bedroom, 3 bathroom house.

Who is the agency that listed , Bundamba?

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The agency who listed , Bundamba is My Property Shop Australia - you can contact the agents here.

How many car spots does , Bundamba have?

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, Bundamba is a 2 car spot home.

How much is , Bundamba?

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The price of , Bundamba is $764K - contact the agents to find out more.