Strong Yield | High Demand Location

What is SDA? <br/>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.<br/><br/>Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.<br/><br/> Location <br/>The Verve estate is a modern and meticulously designed neighbourhood in the heart of Clyde North, 1 hour South East of Melbourne's CBD. Verve is alive with vitality. On these tree-lined boulevards and landscaped streets, life is dynamic, and the sense of community is strong.<br/><br/>Verve is a place that strikes a perfect balance. One that is highly sought after yet rarely found, where you’re close to everything you need, but can retreat to tranquillity whenever you want.<br/><br/>Enjoy a Clyde North location surrounded by the best of modern living. Verve is close to established schools, great shopping, wonderful community amenities, parks and sports grounds.<br/><br/> About the Property <br/>• House and land package – 2-part land and build contracts<br/>• Land area: 392m2 <br/>• Build area: 180m2<br/>• Due to Title soon – Q1 2024!<br/>• High Physical Support SDA | 3.3.1. | 2P + OOA <br/>• Full turnkey<br/>• Fast build times<br/>• Total support throughout the build and tenanting process!<br/><br/> Demand <br/>SDA participants in the area: 195<br/>Seeking accommodation: 65<br/>Robust: 10<br/>High Physical Support: 18<br/>Fully Accessible: 7<br/>Improved Liveability: 19<br/><br/> The Key Numbers <br/>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.<br/><br/>High Physical Support <br/>SDA Income - $82,228 per participant<br/>MRRC - $11,842 per participant<br/>Location Factor - 0.92<br/>Potential Total Income | $188,140<br/>Potential Yield – 19.5%<br/><br/> Improved Liveability <br/>SDA Income - $68,938 per participant<br/>MRRC - $11,842 per participant<br/>Location Factor - 0.92<br/>Potential Total Income | $161,560<br/>Potential Yield – 16.7%<br/>*Please note that these numbers are based on 2 participants only. Numbers may vary <br/><br/> Ready to get started? <br/>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.<br/><br/> Disclaimer <br/>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.<br/>