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Armstrong

Creek, VIC 3217, Australia
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4 bed 3 bath 2 car178m²

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About this property

NDIS 2 bed plus OOA carer -HPS care level Land: size 294m2. $383,000 - register July 24 Total of 43beds, 3 baths and 1cars - 2 x participants plus 1 x carer (OOA) Total build size: Total size 178.85m2. Build Cost to HI Physical SDA compliance standards TOTAL COSTS for HOUSE and LAND only: $947,181 RENTAL INCOME: 2 participants x Hi Physical level = $180,116 approx (this is the maximum income that could be paid - please note that there are variables in income within each care level) POTENTIAL TOTAL PURCHASE cost: $947,181 fixed Price Contract Builder: Minh DOMAIN: YES ALL! NDIS HOUSING OPPORTUNITY - HIGH NEED AREA - ARMSTRONG CREEK GEELONG VICTORIA 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 - Rents annually up to $100,00 PA and more - Income is based on the individual care levels of the participants and carer provided services - The Australian Govt pays the rent on behalf of the participants Presented here is just one of the many custom designs we have available that you can invest in. Or 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. Income quoted: The income has been calculated using the appropriate calculator supplied by NDIS. 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. 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 of approx. $5000 to $6000 - some charge less! Please ask our advice. Add to this a furniture package of $15,000 and upgrades of $5000 - these expenses may not be applicable - but we want you to be aware of the maximum potential expenses you could incur before your property is fully tenanted and you earn income! 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: Address: NDIS/SDA - lot 185 Petunia Crescent, Armstrong Creek Geelong Victoria Land size: 294 m2 Land price: $383,000 - to register July 24 Dwelling: Custom designed to SDA compliance standards for HI PHYSICAL Total: 3 beds, 3 baths and 1 cars (2 x participants Plus 24 hour carer) Total size: 178.85m2. Build cost: $564,181 BUILD COST INCLUDES ALL COSTS FOR SDA COMPLIANCE FOR HPS CARE LEVEL Please refer to details of the inclusions and specifications - There is a list included Rental Income Estimation: MAXIMUM INCOME IS ESTIMATED HI PHYSICAL CARE x 3 participants + 24HR OOA = Gross $180,116nm(calculated in accordance with the current income levels provided by SDA) We have calculated the maximum monthly income for 2 x HI PHYSICAL participants with Carer Re Additional equipment or facilities specifically required for individual participants needs: (there may be additional costs which cannot at this time be included due to being individually associated to the care level of the specific participants). 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 fully 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: $947,181 Fixed Price! Full Turn Key package FOR SALE: $947,181 KAYE TILLEY 0418 823 046

Property Features

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    Repayment calculator

    $3,370/month
    $1,685 /fortnight
    Loan $556,120 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$139,030
    Stamp duty$36,779
    Conveyancing (est.)$2,000
    Total upfront$177,809
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    3
    Parking
    2
    Land Area
    178m²
    Listed
    2 months ago

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