FIXED PRICE CONTRACT – FULL TURN KEY – 2021 HPS INCLUSIONS
WHY BUY NDIS:
• Govt scheme in place for 20 years – long term secure lease to Federal Govt of Australia – high income returns
• Provide lovely new home with al up to date facilities for the disabled and bring comfort and joy to someone life who currently does not enjoy this!
• Ask for additional information re the scheme and how it works and is working!
• Very secure investment
• Site cots included
However, you need to be in a strong or very solid financial situation to fund a NDIS – in fact if you do not have need to borrow funds it is much more satisfactory. Valuers do not understand the benefits nor the additional costs of construction and to avoid large shortfalls in valuations a Commercial valuation is undertaken which costs approx. $2000 to $3000! Ask for more info re this. However, by doing this shortfalls in vals have been avoided and the high income has been a bonus.
But the rewards are worth it – see the income schedule above which indicates the income
(these costs and incomes are based on the current figures provided by the council, the cost of construction currently and fees and charges payable to other authorities and the govt – these may change due to amendments. The income stated is from the Govt Income calculator dated March 21) Gross In
• Gross Income for 2 x HPS participants plus 24 hour carer = $171,978
• Gross Income for 2 x IL participants plus 24 hour carer is = $147,711
There are additional charges which you must add to your house and land pricing and details of this will be provided by us in the form of schedules specifically applicable to your situation and to the individual property selected.
Thee schedules are prepared inhouse by our analytical team and they do cost. For the comprehensive set of reports the cost is $600. However, it is possible to select the reports that you require to assist your due diligence and also for your financier.
Explore this exciting new concept for investing for long term growth and also high income return!
This Opportunity:
Address: lot 62 Kalkie Heights Estate, Kalkie Bundaberg – Wide Bay
Land size: 790m2. Land price: $210,000
Build size: 226.75m2. Build cost: $631,384 (current cost till 22/8/23 – this may increase!)
Total House and package cost: $841,384
Total rooms: 3 beds, 3 baths and 2 cars
This is a property designed at the Hi Physical Care level of compliance with a 24 hour care service, but it is also very suitable for other Care levels but not including Robust
There are additional costs which you may incur – we calculate these for you applicable to your situation and also to the specific property. Ask for the schedules to be provided to you – these are prepared at your cost.
Before purchasing SDA/NDIS housing as an investment ensure that you have a total understanding of the scheme, and its requirements of you the investor – we can provide information to inform you.
This is a high growth location for price increase in the land due to scarcity of development land in the Bundaberg location.
Plus this area has a strong need requirement for housing at this care level. We cannot guarantee that at the specific time your property is completed and handed over that your tenants will be fully approved and await accommodation – we sincerely endeavour for this to the case – however sometimes we need to wait until the Govt system approves the participant and the income level to be paid to yourself.
All our NDIS property investors are supplied with a Cert of Compliance for the specific care level that the construction is for. You are also provided with a certificate for Approval to Occupy.
FOR SALE: $841,384
Kaye Tilley