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Latitude Property Australia

Lot 54 Spoonbill Crescent, Sorell TAS

  • $967,955
TAS, 7172

Overview

Property ID: LA-158281
  • House and Land
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Parking
  • 191

Details

Updated on April 26, 2024 at 12:31 pm
  • Property Type: House and Land
  • Price: $967,955
  • Land Price: $365,000
  • Build Price: $602,955
  • Gross Per Week: $3,514
  • Gross Per Annum: $182,704
  • Gross Yield: 18.88%
  • SMSF Deposit: $338,784
  • Capital Growth 12 Months: -1.62%
  • Capital Growth 10 Year Annualised: 7.16%
  • Vacancy Rate: 1.31%
  • Property Size: 191 m²
  • Land Area: 587 m²
  • Bedrooms: 2+OOA
  • Bathrooms: 3
  • Parking: 1
  • Title Status: May 2024
  • Floor Plan: High Physical Support
  • Investor Type: NDIS, SMSF Friendly
  • Property ID: LA-158281
  • SKU: 1022

Description

NDIS – SDA – High Physical Support

SDA Accommodation:

An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised accommodation. Under the National Disability Insurance Scheme (NDIS), SDA aims to provide suitable housing options for participants with complex support needs.

 

High Physical Support Housing:

High physical support housing includes a high level of physical access for people who need very high levels of support. For example, you may need a ceiling hoist, backup power supply, or home automation and communication technology.

 

Benefits for Participants:

Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments, promoting independence, comfort, and safety for participants.

 

Benefits of the NDIS:

Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.

 

Benefits for the Community:

Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.

 

Benefits for Property Investors:

1. Sustainable Financial Returns: Investing in SDA homes can provide property investors with stable, long-term rental income due to the ongoing demand for specialised accommodation for individuals with disabilities.

2. Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.

3. Ethical and Social Impact: Investing in SDA homes allows property investors to make a positive social impact by supporting individuals with disabilities and creating inclusive communities.

4. Government Support: The NDIS provides financial incentives for property investors who choose to invest in SDA homes, offering potential financial benefits and enhancing the viability of such investments.

 

Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.

 

You can read more about NDIS/SDA here: https://latitudeproperty.com.au/tag/ndis/

  • Address Lot 54 Spoonbill Crescent, Sorell TAS 7172
  • State TAS
  • Postcode 7172

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