With Horizon Property Alliance
Please note: Important information
Returns will vary according to many factors including the region, Land Value, disability level and availability of participants in each particular area. Please refer to the NDIS Price Guide.
Design is important. We have heard of some SDA housing has taken up to 2 years to fill. Our process is to work with
participants & providers to custom build to the specifications required by the participants level of care in coordination with their providers, planners and allied health care professionals. Our System greatly reduces the risk to you, and helps us to rent the property in a reasonable amount of time.
Actual payment amounts can be seen at http://ndis.gov.au
This is a Disability Care related opportunity.the investors rent
Keep an open mind… Learn more here
VALUATION SHORTFALL
It’s highly likely that valuers have never seen an NDIS property before.
There is no precedent to work off.
They possibly may not understand that its more expensive to build a property that caters to the disabled. As an example, the kitchen and bathroom will be up to 20% more to build and the valuer will most likely not have comparables to work with. It’s important to understand that the $560k property you are building may only be valued at say $500k. Hence, if you don’t have any equity or extra cash then this is not an investment for you.
FINANCE
Traditional lenders are still coming to grips with understanding the NDIS. Further, not all lenders will want to take on a security that may end up on “Today Tonight” for kicking out the disabled! In assessing your finance application, the lenders will only use normal market rent and not the rent the federal government will be paying.
So for example, if the 4 bedroom $550k house would normally rent for $25kpa, then this is the figure they will use. Hence if you are relying on the $100kpa rent to help you get access to finance, then its highly UNLIKELY your finance application will be successful.
VERY NEW CONCEPT
There is no question there will be hurdles that the NDIS providers, federal government,
legal professions and everyone associated with this new era of property investment will encounter.
There is still an element of “we don’t know what we don’t know”. Hence, if you are looking for a property investment that has a history of knowing what problems typically arise, then this is not an investment for you.