EPISODE 169 - Due Diligence: Our 'To Do List' for SDA Projects

In this episode, Josh and Minh sit down together to chat about the due diligence that is done every day in assessing SDA projects & locations etc to fulfil our preparation to present to our investors. Past podcast episodes talk so often about data research, but our team hasn't really spoken too much about 'product assessment' per se. In this episode, Josh helps our listeners better understand the mechanics behind our "DD" to workout exactly that.The guys use a live example of an upcoming new release: Chum St, Golden Square, Bendigo, VICTORIAOur team as a whole, are working with a developer to help bring to market 5 HPS townhouse villas, which are designed as OOA + 2 participants (3B/3B/1C). The discussion centres around what needs to be put together in the background in order to ensure that we as a team, are satisfied with the demand in any particular area. In addition, the design, the builder, and the end product which are meant for long term tenancy for SDA residents, needs to be assessed carefully too. while also giving SIL Provider (not selected yet) the opportunity to run their business in an efficient and profitable manner by having 5 dwellings side by side to manage. This sit down chat isn't a in depth discussion about the development itself, but more so about what we as a small team of SDA professionals, need to gather and check over first. We do go off on a tangent a little about other matters (apologies) but it just shows how passionate that we are as a business, to ensure that we are always transparent and focused on delivering a positive outcome for the community.Our "Due Diligence To Do List"- Location - Demand- Pipeline Products in Area- Floor Plans- Inclusions- Pricing- Access Architect- SDA Assessor - SDA Provider - SIL Provider- Builder Background Check- Listing Agreement- DA / BA with Council- Renders- Contracts- Deposit(s) payable- Information Memorandum (IM)- Podcast Interview w/ Developer- Inspecting other builds of proposed builder--GOALS:It is our goal to see Participants with high-needs disabilities being appropriately housed in accommodation that is right for them. Purpose-built homes promote opportunities for social and economic participation, enhance self-determination, and create conditions for Participants to lead vibrant, safe, and independent lives.www.robustdesign.com.auwww.highphysicalsupport.com.auwww.improvedliveability.com.auwww.fullyaccessible.com.auCONTACT:Please feel free to call us at 1300254397 to talk to one of our friendly staff, otherwise, just pop on over to our website to find out more info on www.ndispropertyaustralia.com.auDISCLAIMER:Information contained in this podcast is general in nature only. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information and should seek independent and professional advice for your personal circumstances.Send us Fan MailNDIS PROPERTY AUSTRALIA:Our team conducts thorough research on Specialist Disability Accommodation (SDA) and provides appropriate technical advice through premium and strategy-based solutions. We also use complex feasibility calculation spreadsheets to help investors understand the expected annual income of an SDA dwelling, the timeline stages of construction of their property, as well as revealing the hidden costs. By staying up-to-date with the latest SDA data and pricing payments information, we help clients make better-informed decisions and achieve their investment goals.FOLLOW US:LinkedInInstagramFacebookCONTACT:Please feel free to call us on 1300 254 397 to talk to one of our friendly staff, otherwise,  just pop on over to our website to find out more.For any podcast related queries or suggestions, please contact our podcast team via [email protected]