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Armstrong Creek
3 Beds | 3 Baths | Approx 400 Square metres | 2 car spaces |
Investors Note
Invest in a high demand SDA location and achieve more with up to 17.3% gross yield and TPI of $155k.
SDA providers are calling out for more new homes in SE Melbourne.
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
Armstrong Creek is fast becoming the jewel of Geelong and the gateway to the iconic Surf Coast and Anchoridge Estate is an idyllic community in close proximity to everything the Geelong region has to offer.
From the moment you leave your doorstep, you are literally minutes away from enjoying the iconic Surf Coast in Torquay, a short drive from picturesque Barwon Heads on the Bellarine Peninsula as well as the city of Geelong but a stone's throw away.
- 0.5 km to Armstrong Creek wetland walking trails
- 1.6 km to Warralily Family Medical Practice and Armstrong Health
- 2.5 km to Education Precinct
- 2 km to the Village Shopping Centre
- 6.5 km to Marshall Train Station
- 7 km to Barwon Heads main street, boasting cafes, restaurants and entertainment
- 5 km to Thirteenth beach
- 10 km to Barwon Heads Beach
- 11 km to St John of God Hospital
- 11.5 km to Epworth Hospital
- 12 km to Geelong Ring Road providing easy access to Melbourne City and connections to other locations in the region.
- 18 km to Torquay Beach
Enjoy the famous coastline, world-class wineries, golf courses, high-end shopping precincts and much more only minutes from your doorstep.
About the Property
• House and land package – 2-part land and build contracts
• Land area: 400m2
• Build area: 206m2
• Due to Title soon – Q1 2024!
• Improved Liveability SDA | 3.2.3.2 | 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 Melbourne.
SDA participants in the area: 414
Seeking accommodation: 128
Robust: 12
High Physical Support: 32
Fully Accessible: 29
Improved Liveability: 39
The Key Numbers
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.
Improved Liveability
SDA Income - $66,025 per participant
MRRC - $11,842 per participant
Location Factor - 0.93
Potential Total Income | $155,734
Potential Yield – 17.3%
*Please note that these numbers are based on 2 participants only. Pricing is current as at March 2023 and is as per published SDA schedules.
Ready to get started?
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.
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.
Improved Liveability
NO FIRE SPRINKLER
Armstrong Creek
3 beds | 3 baths | 1 car space |
Armstrong Creek
3 beds | 3 baths | 1 car space |
3 beds | 3 baths | 2 car spaces |
Redland Bay
4 beds | 2 baths | 2 car spaces |
Armstrong Creek
3 beds | 3 baths | 1 car space |
Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.