Address available on request, Armadale, WA 6112

Investors Note

Invest in a high demand SDA location and achieve more with up to 18.9% gross yield and TPI of $205k.

Demand for SDA Homes in Armadale is very high as it is a major health hub.




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

You can stop looking, Meridien Group presents this rare opportunity to buy an SDA-NDIS investment property inside your Self-Managed Super Fund within a 5 star SDA demand location! This SDA property can be purchased as a single contract and is ready to start building now. SDA Homes for SMSF are extremely sought after and will not come around often.

Located in Armadale within 900m to the Armadale Health Service hospital, this location is extremely attractive for special disability accommodation (SDA).

This is a strategic investment to add to a sophisticated property portfolio, as the area offers accessibility, convenience and lifestyle for occupants plus and the numerous economic reasons makes this opportunity a standout.

Nestled among scenic parks and valleys, the City of Armadale is on the doorstep of the picturesque hills. The landscape bodes well for local tourism and is a major lifestyle and investment drawcard for a peaceful destination just outside the city.

In Perth’s eastern suburbs, Armadale is one of WA’s fastest growing regions. With population growth increasing by 46% over the last decade, it is quickly establishing itself as an investment hub.

The region’s population growth has exceeded the State and national average for almost 10 years. On average, eight new people move to the City of Armadale every day, predominantly families with children.

The City of Armadale predicts population growth to continue for at least the next 20 years, going from 100,768 at the present time, to 148,346 people by 2041.

Armadale is recognised as a Strategic Metropolitan Centre by the WA Planning Commission and in the State Government’s Direction 2031 and Beyond plan. This status encourages government investment and advances development opportunities.

Armadale is easily accessible by road and public transport. The Armadale railway line is being fully upgraded and extended to include a new station in Byford including the removal of several level crossings, which will ease traffic congestion and improve connectivity.

The City's economic strength is underpinned by its diverse workforce and commercial growth. Its largest industries by employment are education and training, manufacturing, health care and social assistance, retail trade and construction. The City’s demographic is diverse, with various backgrounds, cultures, ages and life stages making up the community

What’s Nearby

- 900m to Armadale Hospital
- 2.1 km from Armadale Shopping City
- 2.3 km from Armadale train station
- 3.3 km from Haynes Shopping Centre
- 28 km from Perth CBD


About the Property

- House and land package – 1-part land and build contracts
- Land area: 404m2
- Build area: 218m2
- Title land | Ready to start building!
- High Physical Support SDA | 3.3.2.2 | 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 WA and Armadale is a 5 star demand location.

Participants with SDA funding in use: 8
Participants with SDA funding, SDA not in use: 44
Participants with SDA funding: 52
Additional Participants eligible for SDA: 2
Total Participants with SDA funding or a SDA need: 54


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 - $90,446 per participant
MRRC - $12,058 per participant
Location Factor - 1.06
Potential Total Income | $205,006
Potential Yield – 18.9%

Improved Liveability

SDA Income - $75,255 per participant
MRRC - $12,058 per participant
Location Factor - 1.06
Potential Total Income | $174,624
Potential Yield – 16.2%

*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?

Get in touch to discuss the buying terms...

- $5,000 deposit with Expression of Interest
- Balance of 20% due at contract exchange
- The balance is due at settlement (once the build is completed)

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.