Withheld
$97,555
Confidence
High
High
$620,000
Medium
$570,000
Low
$520,000
Confidence
Medium
"SDA Investment Opportunity to suit NDIS and is an outstanding investment opportunity with long term rental lease available. Plans and approvals are underway ready for the savvy investor. With a current shortage of purposebuilt SDA Housing in SA, its a great time to get into the investor market with great returns on investment. This new home will be proudly built by South Australian owned Urban Edge SA and has everything required to suit the NDIS SDA Housing Specifications for High Physical Support. This is a single storey Torrens Title property which boasts an entertainers kitchen with island bench, quality 600mm appliances and stone benchtops, 3 bedrooms including the master bedroom with walk in robe and ensuite. The rear alfresco leads from the open plan lounge and living area bringing indoors and outdoors together. About the home Full Turnkey with Iconic 2023 NDIS inclusions Designed and created to suit SDA NCC Class 1B requirements 6.6KW Solar Panels including Battery Back Up Designer kitchen including stone benchtops with upgraded Inalto appliances Ducted Reverse Cycle AC plus 2 additional Split System Reverse Cycle AC for participants bedrooms Assistive technology data wiring to bedrooms, living and ensuites Ample storage with walk in pantry store room Torrens Title 232 Sqm Block Bedroom roof trusses ready for future hoists Quality Premium range of Hybrid flooring to Living areas with tiles to wet areas Colorbond roof, fascias gutters 2.7 High Ceilings Single Garage with auto roller door Spacious open plan living area Alfresco entertainment area Separate laundry For further details contact Kym Amos M 0409 570 974 Conditions apply Elevations and photos are for illustration purposes only. Land subject to availability. We make no representation to the accuracy of this information. The purchaser is asked to complete their own due diligence to assess the suitability of the house and land for their requirements. SDA housing leases and tenancies are by external 3rd party entities so no guarantees or promises can be made to tenant these properties. Returns advertised as per NDIS website 1st December 2023. Purchasers must make their own investigations for income and rental returns. Please note the land referred to in this advertisement is not owned by Urban Edge SA or Building Group SA the land will be settled separately. Land is sold through an external agent and has no association with Urban Edge SA. Price may vary depending on selections, engineering, council requirements and a rise and fall clause. All packages subject to final council approval"
2.6%
67.5%
$463K
5.4%
$25,000
-$11,358
4.3%
3.0%
-11.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$545,000
Stamp Duty
$23,805
Transfer Fee
$5,123
Conveyancing
$1,226
Deposit (10%)
$54,500
Reg. Mortgage
$187
LMI Premium
$12,165
Renovation Costs
-
Total Cash/Equity Required
$97,556
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,930
$2,518
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,147
$23,629
Interest Repayments
$32,373
$32,373
Net Cashflow Before Tax
-$16,226
-$8,744
Depreciation
-
-
Tax Offset
-$4,868
-$2,623
Net Cashflow After Tax
-$11,358
-$6,121
Assumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$490,500
$490,500
$118,260
$609,993
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price