FOR SALE
$1,100,000

855 North East Road
Modbury SA 5092

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 236m2
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TURN KEY NDIS - SDA INVESTMENT OPPORTUNITY - ONE SOLD!

Ray White Angle Vale and Callan Lister proudly present this rare investment opportunity tailored for NDIS (National Disability Insurance Scheme) in the heart of the in demand suburb of Modbury. We proudly present three adjacent 2-bedroom properties designed to the highest standards for NDIS clients, ensuring comfort, accessibility, and quality living.
EXPECTED RETURN $162,000 Per annum
LOT 1 SOLD ALREADY, LOT 2 AND 3 REMAINING
Key Features:
These properties are being offers as TURN KEY, providing buyers with confidence in there decision to purchaser.
NDIS Compatibility: These properties are meticulously crafted to meet NDIS standards, offering optimal accessibility and functionality. Perfectly suited for individuals seeking NDIS-approved housing solutions.
Prime Location: Located in a sought-after neighborhood, these side-by-side properties offer convenience and accessibility to essential amenities, transportation, and community services-ideal for NDIS participants and their support networks.
High-Quality Design: Each unit is designed with meticulous attention to detail, featuring spacious layouts, modern accessibility features, and premium finishes. The interiors are crafted to enhance comfort and accommodate diverse needs.
Investment Potential: With the increasing demand for NDIS-approved housing, these properties present a lucrative investment opportunity. Benefit from stable rental income and potential capital appreciation in a growing market segment.
Community Integration: Designed not only for comfort but also for community integration, these properties foster a sense of belonging and independence among residents, enhancing their quality of life.
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Property Details for 855 North East Rd, Modbury

Building Type
Land
Land Size
236m2

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About Modbury 5092

The size of Modbury is approximately 3.3 square kilometres. It has 18 parks covering nearly 16.5% of total area. The population of Modbury in 2011 was 4,924 people. By 2016 the population was 5,233 showing a population growth of 6.3% in the area during that time. The predominant age group in Modbury is 30-39 years. Households in Modbury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury work in a professional occupation. In 2011, 66.2% of the homes in Modbury were owner-occupied compared with 64.9% in 2016.

Modbury has 2,827 properties. Over the last 5 years, Houses in Modbury have seen a 103.71% increase in median value, while Units have seen a 103.62% increase. As at 30 November 2024:

  • The median value for Houses in Modbury is $764,412 while the median value for Units is $540,735.
  • Houses have a median rent of $598 while Units have a median rent of $530.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Modbury on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Modbury.

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Callan Lister
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Ray White Angle Vale
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