Mickleham, VIC, 3064, Australia

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-yield asset. For more information get in contact with us today.

Location
The premium masterplanned community in Melbourne’s North, Park Rise Merrifield is a new city that will grow and thrive alongside its residents. This prime location will conveniently connect you to the future Merrifield City Centre - with its shopping centre, vibrant leisure, entertainment and dining precincts, civic facilities and waterfront.

About the Property
- House and land package – 2-part land and build contracts
- Land area is 364m2 and land registration Q4 2023
- High Physical SDA | 3.3.1 | 2P + OOA
- Full turnkey
- Fast build times
- Support throughout the build and tenanting process

Demand
SDA participants in the area: 113
Seeking accommodation: 31
High Physical Support: 9
Fully Accessible: 3
Improved Liveability: 10

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 - $75,078 per participant
MRRC - $11,842 per participant
Location Factor - 0.84
Potential Total Income | $173,840
Potential Yield – 18.1%

Improved Liveability
SDA Income - $62,944 per participant
MRRC - $11,842 per participant
Location Factor - 0.84
Potential Total Income | $149,572
Potential Yield – 15.6%
*Please note that these numbers are based on 2 participants only. Numbers may vary

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.