NDIS - SIL Disability Accommodation EOI

Property & Ethical Investments that make a difference with your help...

Ethical & Community Opportunity Overview

In a highly desirable area of Port Macquarie, the deal is small development of 1 into 3 the property located at 151 Lake Rd. Total lot size is 2284 m2. The CBD is a 3-minute drive away. There is a medical district and an industrial area in a 3 blocks radius and bus goes right past the front of the property.

Under the town plan it has 1200m2 under R2 zoning and 1000m2 under E2 conservation
Overall the yield allows for 3-400m2 blocks this utilizes the exciting 2 villas already on the property.
Services of sewer, water and power are all already there.
We have had EOI from a disability provider for the leases on the exciting Villas for a combined value of $700 a week as well as a lease on the new build of a 5 bedroom house with a lease of $700 a week also.
There is also an option for 2 cabins on the rear of the property were we have had an EOI for air BNB
All leases will be signed before prior to purchase of the property.

Financial Summary

The hard work has been done and we are looking for partners to help improve peoples' lives and profit...

The goal is to develop to renovate, build 1 additional dwellings on the site and source suitable tenants to maximise the valuation and rental income.

Investment Forecast - ROI

Total Gross Rental Income Forecast: $1650 pw

Gross Yield Forecast: 6% p.a

Project Summary

Forecast Estimate: $1.6m
Land: 2248m2
Land Titles: 2 (450m2 and 1834m2)
Strata Titles: 4
Building Type/s: Villas x 2 (existing), Duplex x 1 (new)
Location: 151 Lake Rd Port Maquarie
SIL Provider Secured: Yes
SIL: Villas x 2
SIL: Duplex x 1
Lease Type: Head lease (secured income, government backed)
Developer: Synergy Investment Partners
Proposed Builder: Pycon

Current State - Site Location and Property Images

Future State - The Development Strategy

The Development Strategy & Estimates

Phase 1

Secure contracts/exchange:
Strata title to the existing dwelling:
Subdivide into 2 lots (2 tiles):
Cosmetic Renovation:
Re-valuation

Phase 2

Lot 1: Existing dwelling modifications.
Lot 2: Build 2 units (duplex) based 560m2 available.
Lot 2: Strata title to the dwelling:
Lot 1-2: Landscaping, Driveway, Fencing allowances.
Re-valuation

Gross Rental Income Forecasts

Note: The below numbers are based on securing long lease prior to completion with our provider partners.
SIL x 1 - $700pw
SIL x 2 - $1100pw

SUMMARY: Based on $1.6m investment is a 6% gross yield.

General Information

SIL Income: 3 x $550 = $1650
Completion Goal Forecast: 9mths from investment finances secured

Future State - Proposed New Duplex Development

1 Dual Occupancy - 2 x 3 bed (300m2)

SDA Build Category: Improved Liveability (LHA Silver)
Est Value: Strata titled = $800K
Rental Return Forecast: $5oK x 2 = $100K p.a.

Interested?... Find out more. Register Your Expression of Interest Below

Page updated

Google Sites

Report abuse