Deception Bay, QLD, 4508, Australia

Investors Note

Invest in a high demand SDA location and achieve more with up to 13.9% gross yield and TPI of $175k.

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


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

Proximity estate is a 25 lot boutique development strategically located in the key northern growth corridor to Brisbane. The Moreton Bay Region is recognised as one of the fastest growing areas by population with a strong and growing economy.

As Australia's third-largest local council, by population, spanning laid back beaches and bays to pristine rainforest and hinterland, the Moreton Bay Region is where business meets lifestyle.

Deception Bay is a bustling suburb boarding the beautiful Moreton Bay. It is located 45 minutes north of Brisbane CBD by car and connected to Brisbane and the Sunshine Coast via Redcliffe Peninsula and Sunshine Coast Rail Lines.

The region's ideal location, coupled with competitively priced residential properties, underpins a strong economic performance that continues to attract residents, a highly-skilled workforce and new businesses.

This sought after location is also popular among SDA-NDIS Participants (tenants), as accessibility to services are streamline and lifestyle offerings tick all the boxes.

What’s Nearby

* Bus stop = 2 min walk
* The bay Family Medical Centre = 4 min
* Deception Bay Doctors = 5 mins
* State School and State HS = 6/8 mins
* Deception Bay Marketplace = 7 mins
* Burpengary Plaza = 9 mins
* Rothwell station = 10 mins
* Redcliffe Hospital = 15 mins
* Caboolture Hospital = 15 mins
* North Lakes specialist medical centre = 15 mins
* Westfield North Lakes = 15 mins
* Brisbane CBD = 45 mins


About the Property - The Meridien - Exclusive SDA Floor Plan

Meriden Group has clients for life and it is in our best interest to safe guard your SDA investment by offering high demand opportunities. Meridien Group has worked closely with SDA Accommodation Providers, SILs and Carers alike to develop a functional and adaptable SDA design that meets the physical requirements of Participants and also their wants and comforts. As such The Meridien SDA design standouts from the crowd and offers Participants a place they can call home.

With space and privacy at the forefront, Participants might never want to leave! The Meridien design boasts large bedrooms with private living rooms and ensuites (per participant) plus a large communal kitchen and dinning area, a courtyard and an alfresco. In addition to all this, the home features ample storage, a double lock-up garage, laundry and over night carers suite.

- House and land package – 2-part land and build contracts
- Land area: 600m2
- Build area: 256m2 - HUGE!
- Land due to Title in June 2024!
- High Physical Support SDA | 3.3.3.2 | 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 QLD.

Participants with SDA funding in use: 69
Participants with SDA funding, SDA not in use: 32
Participants with SDA funding: 101
Additional Participants eligible for SDA: 3
Total Participants with SDA funding or a SDA need: 104


The Key Numbers

As of April 2024, 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 - $75,940 per participant
MRRC - $12,058 per participant
Location Factor - 0.89
Potential Total Income | $175,996
Potential Yield – 13.9%

Improved Liveability

SDA Income - $63,186 per participant
MRRC - $12,058 per participant
Location Factor - 0.89
Potential Total Income | $150,488
Potential Yield – 11.9%

*Please note that these numbers are based on 2 participants only. Pricing is current as at April 2024 and is as per published SDA schedules.


Ready to get started?

Reserve with property with a $5,000 Expression of Interest.

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.