Cleveland, QLD, 4163, Australia

Investors Note

Invest in a high demand SDA location and achieve more with up to 15.8% gross yield and TPI of $180k.

SDA providers are calling out for more new homes in SE QLD.


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

Take advantage of this rare opportunity to build a SDA-NDIS home in the ever popular area of Cleveland, nestled between the Moreton Bay shoreline and the beautiful Raby Bay Marina.

This investment is strategically positioned within one of Australia’s fastest growing regions. With Brisbane and the Gold Coast within an hour’s drive away plus the abundant outdoors lifestyle and convenience of living in Cleveland, this property will be snapped up quickly.

From a SDA-NDIS perspective this rare infill lot opportunity is a true stand out, being extremely close to health facilities while offering prospective NDIS participants a lifestyle like no other.

What’s Nearby:

• 1 km to the water
• 1.6 km from Cleveland Central Shopping Mall
• 1.7 km from restaurants and entertainment
• 2.2 km from Cleveland Railway Station
• 2.3 km from Redlands Hospital
• Cleveland District State School catchment


About the Property

- House and land package – 2-part land and build contracts
- Land area: 402m2
- Build area: 194.62m2
- Titled Land | Ready To Start Building now!
- High Physical Support SDA | 3.3.2.1 | 2P + OOA
- 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: 28
Participants with SDA funding, SDA not in use: 42
Participants with SDA funding: 70
Additional Participants eligible for SDA: 4
Total Participants with SDA funding or a SDA need: 74


The Key Numbers

As of July 2023, 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 - $78,500 per participant
MRRC - $11,842 per participant
Location Factor - 0.92
Potential Total Income | $180,684
Potential Yield – 15.8%

Improved Liveability

SDA Income - $65,315 per participant
MRRC - $11,842 per participant
Location Factor - 0.92
Potential Total Income | $154,314
Potential Yield – 13.5%

*Please note that these numbers are based on 2 participants only. Pricing is current as at March 2023 and is as per published SDA schedules.


Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. 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.