Overview
NDIS properties can be sold as commercial investments. This article outlines a structured approach for property owners considering an exit strategy.Key Steps for Selling an NDIS Property
- Understand Regulations: Familiarize yourself with regional guidelines, as these might vary based on the property’s location and the specific NDIS funding arrangement.
- Consult NDIS Authorities: Contact relevant organizations to understand any restrictions or required approvals before proceeding with a sale.
- Professional Valuation: Obtain a professional assessment, but be aware that bank valuations for NDIS can come out to be lower than what you would expect.
- Legal and Financial Guidance: Work with experts experienced in NDIS transactions to navigate contracts and financial implications.
- Strategic Marketing: List properties on platforms like REA, Domain, or Kenekt, highlighting NDIS-specific features to reach qualified buyers.
- Transfer Funding Arrangements: Coordinate with NDIS authorities to transition funding arrangements to the new owner smoothly.