74 Riverview Road

Nerang QLD 4211

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

Strategically located in the centre of the Gold Coast, this Specialty Disability home is a standout and in high demand. Meridien Group prides itself in sourcing high yielding investment opportunities for clients and this House and Land package ticks all the boxes.

The Gold Coast offers participants (tenants) a lifestyle like no other and access to a platter of NDIS and health services. SDA Packages in central Gold Coast rarely become available as there just isn't much land left undeveloped, so we suggest you pick up the phone today to discuss this opportunity before it passes you by.

Surrounded by scenic parklands and an enchanting inland lake, Riverina Estate is a haven of natural beauty. The community enjoys 430 m of absolute river frontage, exclusive access to a 26-berth marina with deep-water access, a private country club and 24/7 gated surveillance. Boasting 3.8 hectares of open parkland and a 2.8-hectare lake, Riverina is not just a home, it's a lifestyle.

What's Nearby

- Within the estate is a state-of-the-art residents club with swimming pool, spa, gymnasium, tennis court, cinema, cafe, library, barbeque areas and children's playground
- 100 m from Nerang Train, connecting you to the wider Gold Coast and Brisbane
- 1.3 km from My Nerang Shopping Centre
- 1.3 km from Bulk Billing Medical Centre
- 7.2 km from Pindara Private Hospital
- 9.2 km from Gold Coast University Hospital
- 9.5 km from Gold Coast Private Hospital
- 10.6 km from Surfers Paradise Beach
- 10.7 from Pacific Fair Shopping Centre, Broad Beach
- 11.4 km from Robina Hospital

About the Property

- House and land package - 2-part land and build contracts
- Land area: 375m2
- Build area: 226m2
- Land due to Title in Oct 2024!
- 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 SE QLD.

Participants with SDA funding in use: 7
Participants with SDA funding, SDA not in use: 6
Participants with SDA funding: 13
Additional Participants eligible for SDA: 6
Total Participants with SDA funding or a SDA need: 19

The Key Numbers

As of June 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 - $79,558 per participant
MRRC - $12,058 per participant
Location Factor - 0.9
Potential Total Income | $183,232
Potential Yield - 14.2%

Improved Liveability

SDA Income - $66,196 per participant
MRRC - $12,058 per participant
Location Factor - 0.9
Potential Total Income | $156,508
Potential Yield - 12.1%

*Please note that these numbers are based on 2 participants only. Pricing is current as at June 2024 and is as per published SDA schedules.

Ready to get started?

Get in touch to discuss the buying terms...

$5,000 expression of interest.

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.