This episode was from a recent trip in mid February down in Melbourne. Minh visits the office of Paramount Disability Homes, and spends 2 days with the boys in their office. Kevin and Jonathon sits down to talk about Box Hill, a hidden gem of a location for SDA demand with a very strong location factor too! Being an inner east suburb of Melbourne, this location offers a great opportunity for any investors who are able to secure an SDA dwelling to provide SDA accomodation to the many SDA participants residing in Group Homes.
There is absolutely ZERO supply of SDA dwellings on the ground (small unit project coming in one year yes), and there would be about 60 group homes with SDA participants in them, with also a half a dozen homes with SDA participants ready to move out "today" if there were any SDAs available. Minh also asks Kevin the process of going from basic or group home SDA funding, to be converted to 3 resident funding in a house, to then the possibility of 1 resident funding for an apartment. This is particularly important to listen to as Minh brings a different perspective of hunting for brand new empty apartments which are currently available in the area, which could be assessed and slightly modified, then enrolled into the NDIS, as potentially one bedroom or two bedroom single residents for SDA accommodation.
For anyone looking to invest in something in Box Hill, please give our team a call to discuss if any such opportunities exist - 1300 254 397 or email us via [email protected]
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