Chris Harding

Realestate.com.au

Melo - 4 Drone Shots

Melo - 8x4 Satin Laminated Edge Wrap Signboard

Real Commercial

Development Ready

“We saw a genuine opportunity to create a high-quality SDA development that combines thoughtful design, accessibility and long-term functionality, in a location that provides participants with convenient access to essential services and everyday amenities.” – Vendor

Submission of Offers Closing: Wednesday, 16th September 2026 at 12.00pm

This level and accessible site at 315 Sandgate Road, Shortland, presents an outstanding opportunity to develop a purpose-designed Specialist Disability Accommodation (SDA) property.

The proposed development provides a carefully considered participant mix, with HPS-capable accommodation and a dedicated OOA (Onsite Overnight Assistance) unit. The development strategy is designed to support efficient lease-up while retaining the potential for HPS upside.

SDA Development:

- Six participant units comprising of two one-bedroom HPS units, two one-bedroom fully accessible units and one two-bedroom fully accessible and improved liveability (or guest) unit.
Dedicated OOA unit providing additional on-site support accommodation.
- FA-led, HPS-capable participant mix designed to support efficient lease-up while retaining HPS upside.
- Indicative Year 1 gross operating revenue of approximately $534,599.
- Projected net operating revenue of approximately $411,641 in Year 1, increasing to $455,882 in Year 2 and $469,558 in Year 3, based on assumed 3% annual revenue escalation.
- Enlarge Living may be appointed as SDA provider and property manager under a separate agreement at a proposed 15% management fee, with purchasers retaining the flexibility to appoint their preferred provider and manager.

Indicative Development Returns:

- Indicative net investment returns of 11.84% in Year 1, 13.11% in Year 2 and 13.51% in Year 3.
- Under a 10% higher construction-cost scenario, indicative net returns remain at approximately 11.17% in Year 1, 12.37% in Year 2 and 12.74% in Year 3.

Location and Amenities:

- Conveniently positioned close to major healthcare and education precincts including John Hunter Hospital, Hunter Valley Private Hospital and the University of Newcastle.
- Shortland Shopping Village and Jesmond Shopping Centre provide convenient access to everyday shopping, services, dining and essential amenities.
- Shortland Primary School, Shortland Waters Golf Course and Tuxford Park are also nearby, providing access to local education, recreation and open space.
- Public transport is readily accessible, with nearby bus services providing connectivity to surrounding suburbs, shopping centres, healthcare and education precincts.

Images

Details

Contact

SELL MY PROPERTY

LOOKING TO BUY

LEASE MY PROPERTY

LOOKING TO RENT

LOCATIONS

MOMENTS FROM HOME

INSIDE AUSREALTY

OUR PEOPLE