PR Newswire
12 May 2023, 08:00 GMT+10
SYDNEY, May 12, 2023 /PRNewswire/ -- Mountain Assets, in collaboration with ALAMMC (The Developer), is proud to announce the launch of the latest NDIS project, in Oxenford, Queensland, Australia. The project aims to construct, lease, and subsequently sell residential units purpose-built for NDIS participants with extreme functional impairment or high support needs who are entitled to access Specialist Disability Accommodation Funding (SDAF) under the Australian Government's National Disability Insurance Scheme (NDIS).
With an estimated 395,000 people living with a disability in Queensland, 101,200 of whom face severe or profound core activity limitations, the need for specialist disability housing is significant. Currently, only 5% of these residents reside in specialist disability accommodation, with the majority relying on social housing, shared or individual private rental arrangements, or living with family. The Oxenford site has been chosen due to the considerable unmet need for specialist disability housing in the region.
Mountain Asset Partners will act as the exclusive authorized sales team for the project, while Responsible Entity Services Ltd will be the arranger of this transaction. The project is targeted only for sophisticated and institutional investors.
The project has completed the planning stage and is now in the fundraising stage, with construction set to begin after the completion of fundraising in the coming months. The construction of the units is estimated to be completed by March 2026.
Investing in the NDIS Oxenford Project offers numerous benefits, including:
The project's idyllic location in Oxenford, QLD, provides NDIS participants with the perfect escape to explore the great outdoors, with close proximity to the Gold Coast's stunning beaches, theme parks, and outdoor activities, as well as the natural wonders of Lamington National Park and Springbrook National Park.
For more information on the NDIS Oxenford Project or other NDIS projects, contact the team at Mountain Assets on 1800 988 014 or visit our website https://mountainassets.com.au
IMPORTANT: Mountain Asset Partners Pty. Ltd., ACN 652 860 298, CAR no. 001 302 348, is a corporate authorised representative of Responsible Entity Services Limited, ACN 116 489 420, AFSL no. 299024
The information provided is general in nature and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your own objectives, financial situation and needs. All statements made on this website are made in good faith and we believe them to be accurate and reliable however do not guarantee its currency. You should seek legal or other professional advice before acting or relying on any of the content.
CONTACT: Adnan Tanveer, [email protected]
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationBEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
Nearly three months after a devastating earthquake struck Myanmar, the country remains trapped in a deepening crisis, compounded by...
New Delhi [India], July 3 (ANI): A new trade agreement between the United States and Vietnam is raising concerns and offering key lessons...
Washington, DC [US], July 2 (ANI): US President Donald Trump was yet again at his rhetoric against the Democratic mayoral nominee for...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...