Any other development not specified in item 2 or 3
74 Lachlan Road, Cardiff
These 3 brand new Townhouses are offered as a package deal and are custom built Supported Independent Living units. Each home has been equipped with high specification disability support inclusions, to provide accommodation for Supported Independent Living (SIL) which also include separate living quarters for On-site Overnight Assistance (OOA).
| LEGAL DESCRIPTION | LOT 33 DP13661 |
| LOCAL GOVERNMENT AREA | Lake Macquarie City Council |
| ZONING | R3 Medium Density Residential |
| LAND AREA |
864sqm |
| NET ANNUAL INCOME | Nil – offered vacant Potential lease income $312,000 net per annum |
| OUTGOINGS | $43,034 |
| SALE PROCESS | Expressions of Interest Closing Thursday 5 March @5pm |
LOCATION
Conveniently located in a flat position, minutes from Cardiff's CBD, shopping centre and public transport.
THE PROPERTY
Offering 4 x high physical support rooms with 1 dwelling to suit bariatric support clients. Each dwelling provides OOA rooms for overnight support and 3 x assisted living rooms.
ANNEXURE A: FLOOR PLANS
Building Area
| UNIT 1 | UNIT 2 | UNIT 3 | ||||
| Room Name | Area | Room Name | Area | Room Name | Area | |
| Alfresco | 9.2 | Alfresco | 30.5 | Alfresco | 28.7 | |
| Living - First Floor | 56.5 | Living - First Floor | 56.8 | Living - First Floor | 46.9 | |
| Living - Ground Floor | 126.3 | Living - Ground Floor | 86.6 | Living - Ground Floor | 92.9 | |
| Porch |
22.4 |
Porch | 4.2 | Porch | 3.8 | |
| 214.4m² | 178.1m² | 172.3m² | Total Area: 564.8m² |
FINANCIAL SUMMARY
Financial Summary – NDIS pricing arrangements schedule September 2025
| Townhouse 1 | ||
| 1x | Improved liveability | $35,378 |
| 2x | HPS | $83,668 |
| 3x | OOA | |
| Disability support pension rent contribution (maximum 25%) | $13,170 | |
| Income | $132,216 | |
| Townhouse 2 | ||
| 1x | Improved liveability | $35,378 |
| 1x | HPS - bariatric | $69,208 |
| 1x | OOA | |
| Disability support pension rent contribution (maximum 25%) | $13,170 | |
| Income | $117,756 | |
| Townhouse 3 | ||
| 1x | Improved liveability | $35,378 |
| 1x | HPS | $69,208 |
| 1x | OOA | |
| Disability support pension rent contribution (maximum 25%) | $13,170 | |
| Income | $117,756 | |
| Total | $365,660 | |
| Less non-recoverable outgoings | $43,034 | |
|
TOTAL POTENTIAL NET INCOME |
|
$322,626 |
OUTGOINGS
| Council rates | $2,228 |
| Water rates | $1,806 |
|
Insurances |
$8,000 |
|
NDIS Provider Property Management Fee |
$25,000 |
|
Electricity |
$3,000 |
|
Water usage |
$2,000 |
|
TOTAL |
$43,034 |
TOWN PLANNING
KEY DETAILS
| Local Government Area | Lake Macquarie City Council |
| Zoning | R3 Medium Density Residential |
Zone R3 Medium Density Residential
1. Objectives of zone
- To provide for the housing needs of the community within a medium density residential environment.
- To provide a variety of housing types within a medium density residential environment.
- To enable other land uses that provide facilities or services to meet the day to day needs of residents.
- To allow some diversity of activities and densities if—
- (i) the scale and height of proposed buildings is compatible with the character of the locality, and
- (ii) there will be no significant adverse impact on the amenity of any existing nearby development.
- To encourage increased population levels in locations that will support the commercial viability of centres provided that the associated new development—
- (i) has regard to the desired future character of residential streets, and
- (ii) does not significantly detract from the amenity of any existing nearby development.
2. Permitted without consent
Environmental protection works; Home occupations
3.Permitted with consent
Attached dwellings; Boarding houses; Car parks; Centre-based child care facilities; Community facilities; Educational establishments; Emergency services facilities; Exhibition homes; Exhibition villages; Flood mitigation works; Group homes; Health services facilities; Home-based child care; Home businesses; Multi dwelling housing; Neighbourhood shops; Oyster aquaculture; Places of public worship; Recreation areas; Residential accommodation; Respite day care centres; Roads; Seniors housing; Tank-based aquaculture; Tourist and visitor accommodation
4. Prohibited
SALE PROCESS
SALE DETAILS
Expressions of Interest Closing Thursday 5 March @5pm
INSPECTIONS
All inspections to be in the company of an authorised Movable agent or representative
LEGAL DETAILS
Evans & Wislang Solicitors
Dylan Mitchell
0447 900 123
dylan@evansandwislang.com.au
Get In Touch
Agent Details
Jason Morris
Commercial | Partner
Agent Details
Jesse Maxwell
Enquiry Form
What is your property worth?
Disclosure
This property memorandum has been compiled by MOVABLE for the information of the interested parties to assist them in deciding whether they are sufficiently interested in the property offered for sale to proceed with further investigation of the property. The information does not constitute all or any part of an offer or contract for sale, and is intended as a guide only.
The information contained in the Memorandum has been prepared in good faith. Interested parties should take note however, that any calculations contained in the Memorandum are based on information provided to MOVABLE by outside sources and have not been independently verified by MOVABLE or the vendor. Any projections contained in the Memorandum, therefore, represent best estimates only and may be based on assumptions which, while reasonable, may not be correct.
Interested parties should not rely on any material contained in a brochure or the memorandum as a statement or representation of fact but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial advisers see fit.
To the extent that this document includes any statement as to a future matter, that statement is provided as an estimate and/or opinion based upon the information known to MOVABLE at the date of preparing this document and assumptions which may be subsequently proven to be incorrect. Neither MOVABLE nor the vendor warrants that such statements are or will be accurate or correct.
MOVABLE provides this document on the condition that, subject to any statutory limitation to do so, each of MOVABLE and the vendor disclaims liability under any cause of action including negligence for any loss arising from reliance upon this document.
This memorandum is provided by MOVABLE or the vendor on a confidential basis to the recipient for recipient’s sole use and is not to be re-supplied or distributed by the recipient to any other person without the prior written consent of MOVABLE or the vendor and neither MOVABLE nor the vendor is liable for any loss arising for such unauthorised use or reliance.
GST
MOVABLE advises that the financial information in this memorandum relating to income, outgoings and the like are provided without reference to the impact of GST, if any. Purchasers must make their own assessment of the impact of GST on the investment, property, lease etc and the returns derived there from after obtaining independent expert advice.
