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For people with a Disability to truly call a place Home!
For people with a Disability to truly call a place Home!
How is this different to other ownership models?
How is this different to other ownership models?
Co-designed and personalised to suit the tenant owners
Not only SDA, for anyone with a disability can be an owner
Affordable from $50-100K (most are $200K or more)
Peace of mind as conditions apply offering long term stability
Specialised property asset management (people who understand)
Basic utilities included (electricity, water, internet)
Interested and looking to be a part owner?... Register your expression of interest today!
The BIG Problem - Affordability, Availability & Stability
The BIG Problem - Affordability, Availability & Stability
94% of people with a disability who are receiving NDIS funding WILL NOT get SDA funding (432,000 approx will miss out)
There is not enough suitable properties now and the problem is getting bigger.
Providers, families and residents 'feel' as if there is little security and peace of mind for stability for the future
When leasing from an investor they may sell or want the home back.
Who can Purchase and Invest?
Who can Purchase and Invest?
People with a disability and/or families to buy and own their own spaces
Industry to invest and support outcomes without conflict of interest Some of which providers, support workers
Investors to diversify with little money down into 'profit for purpose' developments that offer long term secure income.
Interested and looking to be a part owner?... Register your expression of interest today!
Who are the Owners?
Who are the Owners?
People with a disability: Each person owns their own room
Investor Ownership: Available and reserved for investors (this may vary per acquisition or development)
Trust Ownership: The trustee company manages the property
EXAMPLE 1: 3 tenants buy a room each which totals as 30%. An investor buys 20%. The company trustee owns the remaining 50%.
EXAMPLE 2: Family or individual has funds $150k (50%) with a trust or investor to contributing the remaining funds (50%).
What are the Shared Spaces?
What are the Shared Spaces?
Carers/Visitor Room: Reserved for drop in supports
Inside: Kitchen, living, media and dining
Outside: Alfresco, gardens, yard and BBQ area.
What are the Property Features & Inclusions?
What are the Property Features & Inclusions?
Modern, Stylish & Accessible
Modern, Stylish & Accessible
Property maintenance contractor is available 24/7, 365 days per year
House built to the Silver level - No steps, hobless shower, etc
Smoke alarms & panic buttons back to base
Internal doors and corridors that facilitate comfortable and unimpeded movement between spaces
Furnished to shared areas.
Interested and looking to be a part owner?... Register your expression of interest today!
How do I Own parts of a Shared House?
How do I Own parts of a Shared House?
A SHO company is registered on the title as owner, and they transfer the shares and company to you
The Property TRUST - The SHO company owns the house as Trustee, and transfers the shares in the Property Trust to you
You will own % of the shares in the company and the Property Trust, and you decide who owns the shares in each
You choose who and how many family members own the house
We make it easy by transferring the company and property trust to you, which is all included in the price of the house.
What are the benefits for People with a Disability?
What are the benefits for People with a Disability?
A place to call home and an investment in security, stability and peace of mind.
A place to call home and an investment in security, stability and peace of mind.
Interested and looking to be a part owner?... Register your expression of interest today!
Submit your Expressions of Interest Below.
Submit your Expressions of Interest Below.
The 'Profit for Purpose' Management Team
The 'Profit for Purpose' Management Team
FAQs' Frequently Asked Questions
FAQs' Frequently Asked Questions
What is the benefit in having ownership?
What is the benefit in having ownership?
Stability, peace of mind and a feeling of ownership to make a room a personal space to call home. In addition benefit from capital growth and appreciation of an asset over time.
How much do I need to pay to get started?
How much do I need to pay to get started?
Investors can start with as little as $35,000 depending on the final unit purchases. To own a room the minimum investment is $75,000 approx which is 10% approx of the total equity
How does it all work and what is the process?
How does it all work and what is the process?
Consult with your SIL provider and/or advisors
Submit your expression of interest via this page so we can review your application
If successful based on suitability we will notify you or your representative and find out more about your needs
Pay your $1000 deposit to secure your position (Required to secure your spot on the waiting list)
We'll be in touch once we have some options available for review and present them back to you
Contracts issued to sign off on with your legal representatives
10% deposit will be required for payment
Once paid and contracts completed the project can commence
We'll be in regular contact with updates and news as it progresses over time
Once closer to settlement the balance payments will be due
Take ownership and move in.
How much do I need to pay to own my room?
How much do I need to pay to own my room?
To own a room the minimum investment is $75,000 approx which is 10% of the available units.
What setup fees do I need to pay?
What setup fees do I need to pay?
None. There are no setup fees as this is all included in the project and purchase price.
If I buy part of the property how much are my ongoing management/service payments?
If I buy part of the property how much are my ongoing management/service payments?
Note: This is an example however we can discuss in more detail on application. Based on the total price of $750,000
No SDA in your plan:
5% owned - You pay $35,000 + 100% of your rental contributions
10% owned - You pay $75,000 + 95% of your rental contributions
20% owned - You pay $150,000 + 90% of your rental contributions
40% owned - You pay $300,000 + 85% of your rental contributions
50% owned - You pay $350,000 + 80% of your rental contributions
SDA in your plan:
5% owned - You pay $35,000 + 0% of your rental contributions + 100% SDA payments
10% owned - You pay $75,000 + 0% of your rental contributions + 100% SDA payments
20% owned - You pay $150,000 + 0% of your rental contributions + 100% SDA payments
40% owned - You pay $300,000 + 0% of your rental contributions + 100% SDA payments
50% owned - You pay $350,000 + 0% of your rental contributions + 100% SDA payments
What do my ongoing payments cover?
What do my ongoing payments cover?
Property Management
Utilities allowance (electricity, internet, water)
What are the conditions agreeable under management?
What are the conditions agreeable under management?
Can be provided on enquiry.
Can I withdraw my capital and/or sell my room?
Can I withdraw my capital and/or sell my room?
Units can be sold as the same as realestate. In doing so all listings and sales can only be represented by us or our authorised representatives.
How do I do I submit my interest for consideration?
How do I do I submit my interest for consideration?
Decide on how much you want to invest. Register your expression of interest today via the form on this page and we can discuss further details and opportunities.
Disclaimer
Disclaimer
The information on this website is for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. No material contained within this website should be construed or relied upon as providing recommendations in relation to any legal or financial product.
Interested and looking to be a part owner?... Register your expression of interest today!
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