116 Government Road, Labrador – Development Opportunity!
TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE “Get In Touch” BUTTON, OR THE “Email Agent” BUTTON OR “Contact agent” BUTTON.
Sick of losing money on the share market?
Tired of receiving low rental yields?
Worried about tenants being able to pay rent?
Why not invest in Specialist Disability Accommodation housing? Most of the rent is paid by the government directly to you. The first year’s rent is almost 10% per annum, with large rent increases every year.
Why are the returns so good? SDA houses are high quality residential houses which have modifications fitted to cater for people with disabilities. These people are registered with the National Disability Insurance Scheme (NDIS), so they receive large rental subsidies which are paid directly from the NDIS to you. The subsidies are very high due to the government wanting to encourage private landlords to offer high quality housing to people with disabilities.
A property manager manages the tenants for you.
House features:
Price: $954,000
House with 5 bedrooms
NDIS tenancies are in place while your contract is conditional
The modifications can be removed if you ever wish to end the tenancy
You might need a large deposit (30% to 40%)
Ideal Land & Location:
Street frontage: 22.7 metres
Total area: 608 square metres
200 metres from Labrador School
Across the road from a child-friendly park with a playground
Ten-minute walk from the broadwater and its cafes
Five-minute drive to Harbourtown Shopping Centre and Woolworths
Seven-minute drive to Gold Coast University Hospital
Nine-minute drive to Griffith University
TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE “Get In Touch” BUTTON, OR THE “Email Agent” BUTTON OR “Contact agent” BUTTON.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.