#Ndis Property Investment For Sale

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Compelling Reasons Why You Should Invest in NDIS Property

Investing in Specialist Disability Accommodation has been gaining a popular demand among investors. This is creating a deep impact on the community and the lives of disabled people. The plan of NDIS by the government has led to significant development and convenience for them as it enabled them to have an independent life with ultimate freedom, which is absolutely a priceless advantage. With this, there are several other benefits that act as a boon for NDIS property investment. Keep a look at the following advantages that are responsible for the positive growth of such an investment.

Risk-mitigated property investment: As the federal government has a significant relationship with this policy, they naturally provide a certain percentage of funding during this investment procedure. This surely reduces the burden of the investors to a great extent and also reduces the risk. Due to this reason, it appears to be one of the safest forms of investment in the country.

Availability of higher returns: As people generally invest to secure the future, one keeps a keen eye on every particular aspect so that the investment results as beneficial to serve future needs. Investing in these properties ensures you the same as there is high demand for such properties and this will in the future, enable you to gain higher returns.

Low risk of vacancy: Having a vacant property is absolutely useless. But the chances of such instances, in this case, are very low as there is a high demand for these properties. Even if one of your tenants moves out, you will get another in no time. Hence, be assured about the low risk of vacancy.

Now the most important matter is to find the best NDIS property for investment. For that, you need to contact one of the most trustworthy companies who are specialised in these investments. Their expert professionals provide genuine guidance and support with the availability of several NDIS properties for sale. Make your choice accordingly. Feel free to book and book an appointment to experience the best.

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Special needs services company Endeavour Industries' collapse leaves employees without homes, tasks

Disability services company Endeavour Industries' collapse leaves workers without homes, jobs

Posted

Workers and residents of collapsed Hunter Valley disability services company Endeavour Industries are distraught over the loss of their home, community and livelihood.

Next month, 131 workers from the company in Cessnock will be without a job, with 87 of those working with a disability.

Thirteen current and former workers who are also housed by Endeavour are set to lose their homes, unless an eleventh-hour saviour comes forward.

A community-owned project, Endeavour was known for its commitment to disability services within the Hunter region, with its main business a laundry service in Cessnock.

When administrators took over in June, the company had a five-person board in place but has had seven CEOs in the past five years.

Endeavour was formed as a workplace for the disabled by a Cessnock parents and friends group in 1965, and by late 1968 an official entity, Endeavour Industries, was created.

In 1969, Endeavour had its first official premises, the laundry at Edgeworth Street which remains today.

About 50 years later, the company is in ruins after going into voluntary administration.

A report by the administrator obtained by the ABC showed the company placed itself under significant long-term financial pressure, after a series of speculative investments.

The report also pointed to a failure to prepare for the National Disability Insurance Scheme (NDIS).

"Hourly rates provided by NDIS are extremely low compared to previous funding by the NSW Government, affecting profitability of businesses such as Endeavour," the report said.

The report also highlighted risky financial deals made by Endeavour in 2012 and 2013.

They included purchasing an ultimately unused block of land and a failed olive tree farm.

A former Endeavour employee said the company only ever sold around "a couple of hundred dollars' worth of olives", despite years of maintenance and upkeep.

The olive trees, which were gifted to Endeavour, were later found to be unsuitable for the site and were eventually discarded.

The administrator's report also showed a software development company was suing Endeavour for nearly $1 million over a failed software deal.

Workers, residents 'distressed' about uncertain future

"We just want to know who's going to take us, and what's going to happen to us", said Sally*, a worker at the laundry.

"It wasn't as if we weren't getting enough work," she said.

Most of the 87 Endeavour workers who will be without employment from November 9, were driven to and from the laundry facility to complete their duties by the company.

Efforts by the administrator Rapsey Griffiths to secure the future of the laundry business have so far proven unsuccessful.

Local businesses have been approached to see if any were willing to take on the facility.

Rapsey Griffiths also offered support by holding disability employment expos at the laundry, and parent and carer forums.

For the residents, many feared for the future.

June*, one of 13 residents housed by Endeavour, said the prospect of losing her home was frightening.

"We try to tell ourselves that we will be okay, but we just don't know, we just can't understand how this all just went so wrong," she said.

The villas went up for auction this month and the property was passed in following a vendor bid, the result of which the residents had no idea of until a day later.

The sale of the property may prove to be a challenge, with the villas purpose-built for disabled accommodation.

Rapsey Griffiths released a statement stating it had continued to inform the residents about any new developments on the sale of the property.

A spokeswoman said the administrator had little influence over a future buyer's plans.

"Looking ahead, ongoing leases will be a matter for the incoming purchaser, it is important to note that tenants have certain rights under the existing leasing arrangements," she said.

The beginning of the end

The ABC understands when the company posted a loss of more than $2 million in 2014, the board of directors changed the constitution to start being paid for their roles.

Changes were made so that members of the board were paid more than $20,000 each a year, while the chairman of the board was to be given double that amount.

The report from the 2013/14 financial year showed wages increased by $1.13 million and contributed to an overall loss of $2.16 million.

June said she wanted answers from the company about what went wrong.

"Nobody has ever said sorry to us about this, no one has put their hand up to be accountable."

Endeavour Industries was contacted for comment but referred the ABC to the administrator.

*Names of workers have been changed to protect their identity.

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Explore NDIS properties for sale » ! Invest in a rewarding future with specialized disability accommodation. Our listings offer prime opportunities for investors seeking sustainable returns while making a positive impact. Secure your NDIS property today and be part of a meaningful investment journey. 🏠💙 #NDISPropertyForSale #InvestInInclusion #PropertyInvestment

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Maximize returns and social impact with Specialist Disability Accommodation Investment » . Explore prime opportunities for sustainable investing, providing inclusive living for people with disabilities. Invest wisely and create meaningful change. Secure your future with impactful investments. 🏠💙 #SDAInvestment #InclusiveLiving #SocialImpactInvesting

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NDIS - House and Land Contracts

The property market in Australia is super-hot as we enter 2022 and one of our biggest challenges at present is finding the right land to build SDA homes.

Our custom-designed properties meet participants individual needs and comply with the NDIS Specialist Disability Accommodation Design Standard.

Our properties are designed to be enviably livable, they are stylish and versatile, spacious and modern, and fully functional.

With NDIS SDA housing, location is of utmost importance and we ensure that our properties are located close to public transport, medical services, and shopping and are situated within desirable communities.

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NDIS property is Australia's trusted property investment firm with the expertise to help you ensure your financial future. Contact The Property Investment firm to stay on top of what's the current news and trends of the estate market. The needs of specialist housing are affected by the effective implementation of the SDA policy. Call Specialist Disability Accommodation Experts to fulfill your needs. Interested in making a portfolio of NDIS SDA investment properties? Keep learning NDIS Strategies. How to earn up to $2.0M per property? Welcome to NDIS Property.