RF CorVal NDIS Trust

45 Northcliffe Road, Murarrie, QLD 4172

Property Information

Property45 Northcliffe Road, Murarrie, QLD 4172
CommencementJune 2021
Purchase Price$5.1m
Target Equity IRR10-12%

NDIS development fund through on Brisbane CBD fringe.

The RF CorVal NDIS Trust 1 is an unlisted property trust established to facilitate the acquisition and development of a small-scale residential unit project providing Specialty Disability Accommodation as defined under the National Disability Insurance Scheme. There is the potential for major growth in the sector, with an estimated 28,000 Australians needing access to this time of accommodation.

Investments in this space provide investors with exposure to high yielding, specialised residential properties supported by high cash-on-cash yields underpinned by income from the Commonwealth Government, as well as the opportunity to be part of the creation of much needed housing that will have a direct impact on the lives of people with disabilities.

On completion, the Property will comprise two 2-bedroom and four 1-bedroom units over two levesl, with additional on-grade parking and a rooftop entertainment area. The income of the Trust will be derived from payments from the Commonwealth Government as part of the participants wider NDIS plans.

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