OFF MARKET

9 Moore Lane
Bundaberg West QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 537m2
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Property Details for 9 Moore Lane, Bundaberg West

9 Moore Lane, Bundaberg West is a 0 bedroom, 0 bathroom Unit. The property has a land size of 537m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Land Size
537m2
Local Government
Bundaberg Regional
Lot/Plan
5/SP270821

Last Listing description (July 2021)

This is a very unique opportunity.
In fact, you as an Investor can be part of and a contributor to a life changing opportunity for Disabled people Australia wide!
Plus earn above average income returns on a variety of property options.

What is this opportunity?
This is the SDA Disability Housing Opportunity = NDIS - $22 Billion allocated for this housing - annually funded by the Govt to all states of Australia
- The Gov't pays the rent
- Rents annually up to $100,00PA and more
- Income is based on the individual care levels of the participants and carer provided services
- The Australian Govt pays the rent on behalf of the participants

Presented here is just one of the many custom designs we have available that you can invest in.
WE WORK INDIVIDUALLY WITH YOU AS THE INVESTOR AND WE MATCH THE PROPERTY TO YOUR LEVEL OF AFFORDABILITY AND ALSO TO MATCH THE INCOME REQUIREMENTS YOU REQUIRE.

Prices quoted: Please be aware of the details - there are some additional expenses that will be/ and also can be included in your investment opportunity. There is an additional cost to the sourcing of, and the placement of the participants in your dwelling. This is not all Govt funded, and sometimes the participants cannot afford to pay this. We have a special document which deals with this. This gives full disclosure regarding these additional costs and also any additional potential costs that you could incur. This also includes any furniture and fitting out that would be required of you to make the home habitable. (conditions apply to this) Please request.
Income quoted:
The income has been calculated using the appropriate calculator supplied by NDIS. The incomes change depending on type and size of dwelling, the number of participants, the Care levels required by those participants.
Leases and Management: The initial leases are usually 6 months to 12 months and then may be an extended amount of time. These people with disability like to reside in their "forever home" and if they are happy with their home they will stay for long periods of time. Management must be undertaken by a special licensed Management Company to NDIS Managements. Please request details for this.
There is so much more information that you need to read and understand. This scheme is very exciting but it is also very complex. We encourage you to request our Feasibility Report, and then from there we are wanting to disclose to you all the additional information that you need to know and understand.

This Opportunity:
Land: 9 Moore Lane, Bundaberg Central - size 573m2. $155,000 (zoned for associated medical use)

DUPLEX: Custom designed to SDA compliance standards for Hi Physical care
Total: 4 beds, 2 baths and 2 cars
Unit 1: 2 beds, 2 baths and 1 car (1 bed for participant + ensuite PLUS 1 bed for 24 hour carer + ensuite) plus 1 garage
Unit 2: 2 beds, 2 baths and 1 car (1 bed for participant + ensuite PLUS 1 bed for 24 hour carer + ensuite plus 1 car garage
Total size: 266.2m2. Unit 1: 133.1m2. Unit 2: 133.1m2.
BUILD COST INCLUDES ALL COSTS FOR SDA COMPLIANCE FOR HI PHYSICAL CARE
Please request details of these costs.

WE WORK WITH A DIFFERENCE:
We specifically source land in areas where the need for this type of disability housing is in demand.
Wee custom design our homes to match the level of care that is required for the participant tenants
We work hand in hand with Care Co-ordinators regarding the selection of and the placement of participants in our homes. In fact, we quite often have participants just waiting for the homes to be completed and to move in!
We do not believe that you the investor should be waiting many months for return on your investment - please request additional details regarding this.

RENTAL INCOME ESTIMATION:
Hi Physical Care x 2 participants = Gross $123,678 PA (calculated in accordance with the current income levels provided by SDA)
Net Income $105,126.30 (after management and associated property expenses) = 16.4% yield
OR
1 x Hi Physical Care PLUS 1 x Fully assessible = Gross $110,324 PA (calculated in accordance with the current income levels provided by the SDA)
Net Income: $93,774 (after management and associated property expenses) = 14.65% yield

TOTAL PACKAGE PRICE: $666,969

(there may be additional costs which cannot at this time be included due to being individually associated to the care level of the specific participants).
Specialised equipment may need to be installed and provided, however there is a rebate available paid back to you by the Govt for this type of equipment. This is managed by the Care Provider and is not managed by ourselves. Please request further details re this.

FOR SALE: $666,969

KAYE TILLEY
0418 823 046

Property History for 9 Moore Lane, Bundaberg West, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$155,000
20 Mar 2020
  • 20 Mar 2020
    Sold for $155,000
  • 11 Nov 2019
    Listed for Sale $155,000
  • 29 Oct 2018
    Listed for Sale $180,000

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About Bundaberg West 4670

The size of Bundaberg West is approximately 2.6 square kilometres. It has 5 parks covering nearly 24.9% of total area. The population of Bundaberg West in 2011 was 2,530 people. By 2016 the population was 2,497 showing a population decline of 1.3% in the area during that time. The predominant age group in Bundaberg West is 20-29 years. Households in Bundaberg West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg West work in a professional occupation. In 2011, 34.7% of the homes in Bundaberg West were owner-occupied compared with 32.7% in 2016.

Bundaberg West has 1,604 properties. Over the last 5 years, Houses in Bundaberg West have seen a 110.36% increase in median value, while Units have seen a 71.14% increase. As at 30 September 2024:

  • The median value for Houses in Bundaberg West is $428,765 while the median value for Units is $354,497.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 9 properties listed for sale, and 1 property listed for rent in Bundaberg west on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Bundaberg west.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.