NDIS property investment risky but rewarding
Investors seeking potentially high returns from disability accommodation should be wary of overhyped schemes that could backfire badly, ASIC's Deputy Chair Sarah Court told API Magazine.
Well-designed specialty disability accommodation in the right location can allow for more independent living arrangements, increased community connection and access to informal supports. (Image source: Shutterstock.com)
Mum and Dad investors are the target audience for an emerging sector of investment firms promoting great returns on properties built to house recipients of NDIS Specialty Disability Accommodation (SDA) funds.
Typical ‘hooks’ include huge returns, secure government funding and the investment bestowing a charitable aspect, but the Australian Securities and Investments Commission (ASIC) Deputy Chair Sarah Court warns investors should exercise due d…
