Wollert, VIC, 3750, 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 yielding asset. For more information get in contact with us today.

Location
Wollert is located only 26 km north of Melbourne's CBD, offering locals convenience while enjoying a suburban lifestyle:

- The beautiful estate, Riverhills, is designed with facilities such as parks, wetlands, and bike and foot paths, as well as accessibility to local services and transport options.
- Riverhills is located within the tranquil hills of Wollert, near Mickleham, South Morang, Mernda and Epping.
- There are amenities abundant, including Epping North Shopping Centre, the Village Wollert, Aurora Village and the upcoming Whittlesea Community Hospital, plus Riverhills is located next to the future proposed town centre.
- Riverhills is only 26km from Melbourne’s CBD and 30-minute drive to Melbourne Airport.
- 7km to the Northern Hospital plus plenty of health facilities are nearby, including Epping North Medical Centre, Lyndarum Family Clinic, Northern Medicals Centre, plus more.
- There are 29 schools are nearby plus 7 childcare options.

About the Property
• House and land package – 2-part land and build contracts
• Land area: 400m2
• Build area: 227.98m2
• Titles Land | Start Building Now!
• High Physical SDA | 3.3.2.2 | 2P + OOA
• Full turnkey
• Fast build times
• Total support throughout the build and tenanting process!

Demand
Participants with SDA funding in use: 202
Participants with SDA funding, SDA not in use: 65
Participants with SDA funding: 267
Additional Participants eligible for SDA: 14
Total Participants with SDA funding or a SDA need: 281

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 - $80,440 per participant
MRRC - $11,842 per participant
Location Factor - 0.90
Potential Total Income | $184,564
Potential Yield – 18.5%

Improved Liveability
SDA Income - $67,440 per participant
MRRC - $11,842 per participant
Location Factor - 0.90
Potential Total Income | $158,564
Potential Yield – 15.9%
*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 $2000 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.