The development will be known as Midvale and is expected to be completed in January 2026. Midvale is an SDA (Specialist Disability Accommodation ) development of seven separately titled two-bedroom, two-bathroom villas that are now available for purchase off the plan.
With a projected gross return of between 9% & 9.5% over the next 10 years, this lucrative investment is one for the savvy investor.
The Midvale villas have been designed for Specialist Disability Accommodation SDA participants funded for Robust (R), and High Physical Support (HPS). The second bedroom in each villa accommodates on-site overnight assistance (OOA). The design flexibility allows for a mix of category participants at Midvale.
SDA funding is provided to eligible NDIS participants who live in SDA certified homes. The SDA subsidy the NDIS pays varies with each design category and location. The NDIS expects the participant to make a maximum reasonable rent contribution (MRRC), paid from their pension and supplement plus Commonwealth rent assistance. This presently totals $83,183 and $87,639 annually per villa for R and HPS, respectively.
For a full Information Memorandum on "Midvale", contact Richard Lowenhoff or Laura Savage today from Ray White Midland & Hills.