Bonshaw, VIC, 3352, Australia

Investors Note

Invest in a high demand SDA location and achieve more with up to 20.7% gross yield and TPI of $173k.

SDA providers are calling out for more new homes in SE Melbourne.


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

Victoria’s third largest city, Ballarat offers every amenity for modern, connected, convenient living. From sport and leisure to fine dining and shopping; first- class health and education to a booming services industry; historic gardens to fast and seamless transport links.

Rivulet estate opens an array of transport options in every direction. An easy commute brings you to the heart of Ballarat, and from there, one of dozens of regular V/Line trains will whisk you away in comfort – to Melbourne in 90 minutes or south to Geelong, north to Maryborough and west to Ararat.

Just a 4-minute drive from Rivulet, the Delacombe Town Centre shopping hub brings all of life’s daily essentials into one convenient spot. Whether you’re after regular groceries or something gourmet, the Town Centre has everything you could need. What’s more, amid the Woolworths supermarket and specialty shops, Kmart department store and much- loved hardware icon Bunnings, you’ll also find health services, eateries, bottle shops including Dan Murphy’s and even a Showbiz Cinema.

- 1.9 km Sebastopol Medical Centre
- 2.4 km Phoenix P-12 Community College
- 2.6 km Delacombe Medical Centre
- 2.7 km Delacombe Shopping Centre
- 6.5 km St John of God Hospital
- 6.5 km Ballarat Train Station
- 6.5 km The University of Melbourne
- 6.6 km Ballarat Town Centre
- 6.7 km Ballarat Health Services


About the Property

• House and land package – 2-part land and build contracts
• Land area: 450m2
• Build area: 227.17m2
• High Physical Support SDA | 3.2.3.2 | 2P + OOA
• Full turnkey
• Fast build times
• Total support throughout the build and tenanting process!


Demand

The data confirms what the SDA providers are telling us. They need more new SDA homes in SE Melbourne.

Participants with SDA funding in use: 219
Participants with SDA funding, SDA not in use: 45
Participants with SDA funding: 264
Additional Participants eligible for SDA: 5
Total Participants with SDA funding or a SDA need: 269


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 - $75,078 per participant
MRRC - $11,842 per participant
Location Factor - 0.84
Potential Total Income | $173,840
Potential Yield – 20.7%

Improved Liveability

SDA Income - $62,944 per participant
MRRC - $11,842 per participant
Location Factor - 0.84
Potential Total Income | $149,572
Potential Yield – 17.8%

*Please note that these numbers are based on 2 participants only. Pricing is current as at March 2023 and is as per published SDA schedules.


Ready to get started?

Get in touch. You can secure this property with just $2,000 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.