FOR SALE
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115 Swift Street
Ballina NSW 2478

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Land area: 594.4m2
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Rare NDIS Investment in Ballina 20 Year Lease

Be apart of this growing multi billion dollar industry. Brand new, highly sort after 'Robust' approved NDIS Specialist Disability Accommodation. The property contains 2 villas, suitably located for the occupants between Ballina's CBD and the Shopping Centre Precinct near Saunders Sports Ovals.
Constructed to the latest ECO specs, each villa has 2 bedrooms with additional carers facility. Due to the very limited availability of this product especially in popular coastal towns like Ballina, the demand from NDIS approved participants far exceeds supply in the community.
20 year lease to Adapt Housing - ADAPT Housing are an experienced specialist disability housing provider operating in both New South Wales and Queensland.
Gross return on this investment is $155,208.00 per annum. The NDIS has already committed to annually increasing rents by CPI from 1.7.2024 to 30.6.2028. Also there is the added advantage of significant depreciation benefits as well for the investor as this is a new build. Moreover, there is the capital growth factor experienced in flourishing regional coastal towns like Ballina, which is categorised as an emerging regional centre.
As the owner, you are not only achieving a great return on your investment you are also a socially-conscious investor providing a housing solution for members of our community to allow them to live more independently and more safely.
A wonderful opportunity for the savvy investor in the thriving coast town of Ballina.
For further details contact Dean Shay 0404 442 696

Property Details for 115 Swift St, Ballina

115 Swift St, Ballina is a 6 bedroom, 4 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 594.4m2. The place is currently for sale with LJ Hooker Ballina.

Building Type
DuplexSemi-detached
Land Size
594.4m2

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About Ballina 2478

The size of Ballina is approximately 21.5 square kilometres. It has 21 parks covering nearly 29.4% of total area. The population of Ballina in 2011 was 7,874 people. By 2016 the population was 8,655 showing a population growth of 9.9% in the area during that time. The predominant age group in Ballina is 60-69 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a trades occupation. In 2011, 49.4% of the homes in Ballina were owner-occupied compared with 51.3% in 2016.

Ballina has 6,851 properties. Over the last 5 years, Houses in Ballina have seen a 53.79% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:

  • The median value for Houses in Ballina is $896,109 while the median value for Units is $705,617.
  • Houses have a median rent of $675 while Units have a median rent of $500.
There are currently 62 properties listed for sale, and 22 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Ballina.

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Dean Shay
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LJ Hooker Ballina
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