Investing in Social Gains.
An emerging trend has seen investors taking an active role in building Specialist Disability Accommodation (SDA) homes, resulting in a resounding success that has exceeded expectations. These investor-driven initiatives are not only addressing the pressing need for accessible housing but also redefining the standards of care for individuals with disabilities.
SDA homes are specifically designed for people with disabilities, these homes provide essential support and facilities, enabling residents to live with independence, dignity, and comfort. Historically, the development of SDA properties has largely been the domain of the government and housing providers. However, the involvement of investors in building SDA homes has brought about a remarkable paradigm shift.
Investors, recognizing the potential for both social impact and financial gain, have been instrumental in driving the construction of SDA homes. By leveraging private investment, the supply of SDA homes has been significantly boosted, providing greater choice and improving the lives of individuals with disabilities.
$1000 Holding Deposit
An Expression of Interest EOI is prepared for your selected package and this deposit is paid to the Trust Account of the Developer. The details can be found on the EOI.
$6,600 Certification Fee
Normally within 14 days of the EOI, this amount will become payable. An invoice is prepared and sent to you for payment. The building contracts will be prepared only after the certification is received.
$2.200 Valuation Fee (approx)
After you have signed the building contracts, this payment will be required, as we need to order a Commercial valuation for this type of property.
Loan fee and charge
As part of your initial documents we have already provided you with a summary of all the fee and charges applicable to your Investment loan.
Step 1, Package, EOI and Finance
Kickstart your investment strategy by choosing a package from our options that suits your budget. Explore a variety of options designed to provide consistent returns. Lock in the ideal package via an EOI and initial deposit payment. We suggest a Pre-approval before you start, as you will be making non-refundable deposits and service payments.
Step 2, Certification Fee
To ensure your floor plan meets the requirements for Specialist Disability Accommodation (SDA) we seek certification. This fee guarantees the evaluation of your floor plan by experts, ensuring compliance with accessibility standards and maximizing the potential to provide quality SDA accommodation for individuals with disabilities.
Step 3 Contracts
The next step is to review and sign both the Land and Building contracts. In conjunction with your conveyancer, we will help you assess these agreements to ensure clarity, legal compliance, and protection of your interests throughout the land acquisition and construction process, solidifying the foundation for your future property investment.
Step 4 Land Settlement and Building Permit
Obtain formal finance approval, followed by land settlement and application for a building permit. With finance secured, the land settlement process ensures ownership while applying for a building permit lays the groundwork for constructing your SDA compliant property.
Step 5 Finding a Suitable Participant
As your property nears completion, your NDIS provider will actively seek and match suitable participants for your new home. Their expertise in assessing participant needs and preferences ensures a seamless transition, creating an inclusive and supportive environment that fosters independence and enriches the lives of those who will call your property home.
Step 6 Tenants and Ongoing Rental Income
The final step involves reviewing participant applications and accepting suitable tenants. Once tenanted, you can expect to receive regular rental income through your SDA provider, providing a stable financial return while contributing to the provision of essential support and accommodation for individuals with disabilities.
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