175 High Street, Wauchope NSW 2446

Nearly all the hard work has been done here. The property has an existing house which has been renovated and features 3 bedrooms, sunroom, single carport and an existing tenant in place. Additionally, the block features an approved DA for 3 generously sized separate Torrens Title villas, each with 2 bedrooms and an office and single garage. These 3 x DA approved villas have gone through the expensive process of receiving NDIS design certification as fully accessible Specialist Disability Accommodation (SDA).
At current published NDIS rates EACH villa has the potential to receive government backed rent payments of over $56,000 per year. There is a lot of scope for the right person here whether you build and seek high returns via the NDIS Specialist Disability Accommodation program or simply build the dwellings to sell down at the desired pace. This is a construction ready project with an approved DA, subdivision works cert and NDIS design certifications in place.
There is a major shortage of Specialist Disability Accommodation particularly throughout regional NSW and the Mid-North Coast. The program is there to provide homes for people whom require modified designs and is modernising care infrastructure for client preference and cost efficiency. The Commonwealth Government is incentivising private sector investment to build this need care infrastructure and reduce pressures on public funds.
This is an opportunity to acquire an already income producing property with the time consuming/expensive approvals and certifications in place. The property is ready to develop for the capability of rental income far exceeding market rates.
Our vendor has had meaningful discussions with the SDA providers to tenant these villas and an agreement in principle has been reached to lease these new properties once constructed. Connection with the relevant person and organisations will be provided for the purchasers
A great opportunity to build needed accessible homes with the potential for market beating rental returns. For further details on proposed rental income, DA approved plans etc contact Tony or Greg
Rates - $2,700pa