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Yes, we are. We are Australian Owned, Australian Managed, and are based in Brisbane, Gold Coast & Sydney.

The company who is tenanting and then managing the property handle everything. They do the monthly submission to collect the SDA payments. They also collect the Reasonable Rent Contribution (RRC) from the tenants. This is then forwarded to your account monthly (less their management fee of 15%). 

Your experience of it is very passive and mostly hands free except for the annual rates and insurance etc. Just like any other investment property.

The service providers normally do not guarantee tenants, but we believe that we have mitigated that risk as much as possible thanks to our processes we have 100% of our properties tenanted so far. Beware of companies offering low rental guarantees they will take up to 50% of the annual rent as security for a rental guarantee.

We put a property together through the following steps.

Coordinate with the care organisations and meet the need where they have existing demand.

Test demand in new areas by placing ads to get interested tenants or applications from tenants. 

After establishing demand, we find land that complies with the NDIS specifications.

Determine the right house design that can be placed on the land.

Present property package to our investors (i.e. you)

Take sales advice deposit from investor. ($1000)

Have the sales contracts for the land and construction drawn up from the land developer and the builder. The build contracts are fixed price.

Contracts signed and returned to the builders and you enter the standard finance period before moving onto unconditional.

Upon moving to the unconditional phase, the care organisation begins the process of getting tenants onboarded into the SDA. This gives them about 6 months to have tenants prepared. 

What we say to our clients is that in the absolute last resort, their ultimate "back up plan" is that the house can also be rented on the open market. Yields would be about 5.5%. Ideally If rented as AirBnb returns will be much higher. but we have never had to fall back on this option. The demand right now is strong, especially in Queensland as the program is quite new with many more participants than properties.

Absolutely yes. All plans are SDA compliant

Both your land and house will meet the standards for the SDA. 

Yes, care organisations have a matrix of requirement for the properties and we need to meet these.

Easy access to transport is just one of the many requirements that we need to meet.

This refers to valuations of SDA properties that are close to $180k of extra build costs and

accessories in them. Such as full bathrooms for every bedroom, wider doors and hallways, higher

ceilings with roof beams for HPS in every bedroom, 5 split system air conditioners, designer kitchens

, a 2hour 30 min back up battery ($10K+) and assistive technology throughout etc . These are just

some of the main items.

When the bank instructs a valuer to value the property for mortgage purposes, the valuer can only

do so by comparing similar properties in the area that have sold recently. It is extremely unlikely that

any recent sales will be of an SDA property. If it were the case the valuation would be of a like for

like property and the property will value at or very close to sale price. As the valuer is extremely

unlikely to have an SDA property as a recent sale in the area to compare with, the valuer is going to

have to compare a 4 bedroom home in the area without any of the above SDA attributes and

accessories and as a result the valuation will come in 10 to 15% lower than the sale price.

We partner with several care organisations around the country, some are private, some are ASX

listed and some are not for profits. They have asked us to only share who they are with our clients

whom they will be working with directly. They ultimately do not want to be fielding calls from

individual investors calling them out of the blue. Their focus is caring for people with disabilities, not

managing investor questions. They simply are not equipped for that and do not get involved with the

property side of things at all (not their speciality).  Ultimately, they just want ready-made

properties for their clients. They really want to stay away from the investment and property

development side of things which is why they work with us to handle that side of enquiry for them.

Our properties are tenanted thanks to our approach of putting tenants needs and

wants foremost. Our program is designed to give participants independence and

choice. Anyone guaranteeing tenants is totally misguided, we create the houses they

desire to live in, in an area with high demand for SDA housing, therefore tenanting a

property is very straightforward.