362 Parnall St, Lavington is a 5 bedroom, 6 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024.
Investors Note
- Over $300k p.a. gross income.
- Completed and operational SDA project = no guessing and no waiting for cashflow.
- Suits SMSF
What is SDA?
Specialist Disability Housing is housing that has been specially designed to suit the needs of people with a disability who have an extreme functional impairment or very high support needs. The specialised features of an SDA property are intended to support the resident(s) to live as independently as possible and in so doing reduce their lifetime support costs.
Specialist Disability Housing offers investors a very high yielding asset. For more information get in contact with us today.
The Opportunity
The Parnall Residences offers a unique opportunity to purchase 2 SDA approved dwellings with tenants already in place. Why wait for your investment to be built and tenanted, when you can start earning right away?
Quality NDIS-SDA homes with 4 tenants in place rarely become available and do not last long in todays market. With savvy investors searching for the best returns, this rare find with be snapped up quickly, so contact us today before you miss out on this outstanding opportunity.
This immaculate property is only 4.3km from the Albury Wodonga Hospital and Health Campus, a location perfect for the NDIS scheme. The functionality of the design and quality of the build has made this project popular among its participants residing in the property.
Already in place are 4 participants - 2 High Physical Support & 2 Fully Accessible. The property is managed by a nationally recognised SDA Provider and supported by a strong local SIL-Provider.
Location
Albury is situated on the banks of the Murray River, which forms the border between NSW and VIC. Its location makes it a strategic hub for trade and commerce, as well as offering picturesque landscapes and outdoor recreational activities.
With its regional charm and friendly atmosphere, it appeals to those seeking a quieter pace of life while still having access to urban amenities. Albury has a diverse economy with sectors such as agriculture, healthcare, education, and tourism providing employment opportunities and reputable educational institutions and healthcare facilities are a big drawcard for the area.
About the Property
2 separate dwellings approved to High Physical Support
Beautifully built, spacious homes
4 tenants already in place: 2 HPS + 2 FA
Managed by a nationally recognised SDA Provider
Land size: 874m2
Dwelling 1: 3 Participant Bedrooms | Office | 3 Bath | 2 Car
Dwelling 2 : 2 Participant Bedrooms | Office |3 Bath | 1 Car
To find out further details regarding the particulars of this property please get in contact with our team quickly.
Demand
Lavington belongs to the Albury SAS region:
- 141 NDIS participants with SDA funding
- 102 NDIS participants currently using their SDA funding
- 39 NDIS participants currently with funding not in use
The Key Numbers
The gross expected income is $303,223 p.a. based on the current participants.
As of July 2023, the SDA pricing was increased, this includes High Physical Support, Improved liveability, Fully Accessible, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.
Ready to get started?
Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.
Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.
The size of Lavington is approximately 14.8 square kilometres. There are 11 parks, covering nearly 3.2% of the total area. The population of Lavington in 2016 was 12472 people. By 2021 the population was 13073 showing a population growth of 4.8% in the area during that time. The predominant age group in Lavington is 20-29 years. Households in Lavington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lavington work in a trades occupation.In 2021, 56.40% of the homes in Lavington were owner-occupied compared with 58.10% in 2016.
Lavington has 7,994 properties. Over the last 5 years, Houses in Lavington have seen a 89.24% increase in median value, while Units have seen a 70.58% increase. As at 30 June 2026:
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