Mountain Assets Discusses New SDA Project in Bundaberg with a Local Radio Station

2024-06-22T02:37:00Z

BUNDABERG, Australia, June 21, 2024 (GLOBE NEWSWIRE) -- Following the announcement of a new Specialist Disability Accommodation (SDA) project in Bundaberg, Mountain Assets engaged with the local media to provide more details about this significant development. Al Wheldon and Adam Newman from Mountain Assets, participated in an interview with Hitz939, sharing insights into the $6.4 million development aimed at enhancing the quality of life for individuals with high physical support needs.

Interview Highlights:

Project Overview

Mountain Assets and Sumo Managed Funds are collaborating on a futuristic project in Bundaberg’s Kalkie area. The development includes the construction of five state-of-the-art homes specifically designed for NDIS participants with high physical support needs. Each home will feature three bedrooms and three bathrooms, accommodating a total of 10 residents.

Project Details

  • Location: Jealous Road, Kalkie, Bundaberg
  • Timeline: Expected completion within 12 to 24 months
  • Investment: $6.4 million
  • Capacity: Five homes for 10 residents, with overnight carer accommodation

Project Benefits

Al Wheldon, Project Lead at Mountain Assets, emphasized the advanced technology and accessibility features of the homes, which are crucial for residents to lead independent lives. These properties will not only provide a safe and supportive living environment but also include on-site facilities for meal preparation and 24-hour care.

Community Impact

Adam Newman, Managing Partner at Mountain Assets, highlighted the importance of this project for the Bundaberg community. The development will cater to individuals who require high-care facilities, thus addressing a significant need for accessible housing in the region.

Quote from Adam Newman

“To the naked eye, they look like a standard residential home, but they are more akin to a high-care facility. This project ensures that residents with very challenging disabilities have the necessary infrastructure to lead independent and fulfilling lives.”

Future Plans

Construction is set to begin in the coming months, with the land already secured. The project is a testament to the commitment of Mountain Assets and Sumo Managed Funds to invest in sustainable and impactful developments that benefit both investors and the community.

About Mountain Assets

Mountain Assets is dedicated to connecting private wholesale investors with property developers, focusing on projects that deliver a good consistent return while fostering community growth. With over $140 million successfully raised, Mountain Assets has a proven track record of securing profitable and impactful ventures.

About Sumo Managed Funds

Sumo Managed Funds specializes in offering investment opportunities related to the NDIS, focusing on creating high-quality, compliant SDA housing. Their partnership with top-tier design and project management firms ensures the successful delivery of sustainable and beneficial projects.

For more information about the Bundaberg SDA project and investment opportunities, please visit Mountain Assets Website or contact:

Mountain Assets Contact Information:

  • Phone: 1800 988 014
  • Email: info@mountainassets.com.au

CAR Information

Mountain Asset Partners 2 Pty Ltd ACN 669 941 904 is a Corporate Authorised Representative (1304884) of Rhodes Asset Management Pty Ltd AFSL 464772, ACN 165 917 813 for Sumo Fund projects.

Note to Editors: For additional details, interviews, or media inquiries, please contact Mountain Assets Team at info@mountainassets.com.au.

This press release is for informational purposes only and is not an offer or solicitation for the sale of investments or securities. Potential investors should consult with professional advisors and review detailed investment documents before making investment decisions. Past performance is not a reliable indicator of future performance.


Globe Newswire News

RSS Australian Mining Releases

  • Perseus increases investment in Predictive to 19.9%
    Perth, Sept. 06, 2024 (GLOBE NEWSWIRE) --          Perseus Mining Limited (ASX/TSX:PRU) (Perseus or the Company) is pleased to announce that it has increased its relevant interest in the issued shares of Predictive Discovery Limited (ASX:PDI) (Predictive) to 19.9%. As part of funding the acquisition of this increased stake in Predictive, Perseus has applied the […]
  • Perseus Mining appoints Rick Menell as independent Non-Executive Chairman
    Perth, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Perth, Western Australia/ August 30, 2024/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that of the Company’s Board of Directors has unanimously voted to appoint Mr. Rick Menell to the role of independent, non-executive Chairman of the Board, with immediate effect. Mr. Menell will replace the interim Executive […]
  • PERSEUS DELIVERS RECORD FINANCIAL RESULTS & CAPITAL RETURNS
    Perth, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Perth, Western Australia/August 28, 2024/African focused gold producer Perseus Mining Limited (ASX/TSX: PRU), has released its Annual Report for the financial year ending June 30, 2024 (FY24), which includes Perseus’s Annual Financial Report, and its Sustainable Development Report. highlights financial performance Revenue of US$1.0261 billion (up 7%)2, Earnings […]
  • Increase in Kharmagtai Resource
    TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to report an increase in the Mineral Resource Estimate (Resource, Mineral Resource Estimate or MRE) for its flagship copper-gold project at Kharmagtai, in the South Gobi region of Mongolia (Figure 1 and Table 1). […]
  • Perseus Mining Sells Shares in Montage Gold Corp
    Perth, Aug. 21, 2024 (GLOBE NEWSWIRE) --          Perth, Western Australia/ August 21, 2024/Perseus Mining Limited (ASX/TSX:PRU) (Perseus or the Company) is pleased to announce that on August 20, 2024, the Company entered into an agreement with BMO Nesbitt Burns Inc. (BMO), pursuant to which Perseus agreed to sell 33,000,000 common shares (Common Shares) in […]
  • Perseus Mining Updates Mineral Resources and Ore Reserves
    Perth, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Perth, Western Australia/ August 21, 2024/Perseus Mining Limited (ASX/TSX: PRU) wishes to update the estimates of the Mineral Resources and Ore Reserves at each of its African operations as summarised in Table 1 and Table 2 below, and detailed in this report. Highlights Perseus Mining has delivered another […]
  • Perseus Mining FY24 Results Investor Webinar
    Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its FY24 Results, which are anticipated for release around 8:30am AEST on Wednesday August 28, 2024. CALL DETAILS Australia: Wednesday August 28, 2024Perth – 7:00amSydney/Melbourne – 9:00amCanada: Tuesday August 27, 2024Vancouver – 4:00pm […]
  • Perseus appoints new Chief Operating Officer
    Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) -- perseus mining appoints new chief operating officer Perth, Western Australia/August 16, 2024/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that Ms Amanda Weir will be joining Perseus’s senior leadership team in the role of Chief Operating Officer (COO) from 19th August 2024. Ms Weir’s most recent roles included […]
  • Perseus makes strategic investment in Predictive Discovery
    Perth, Aug. 14, 2024 (GLOBE NEWSWIRE) --          PERSEUS MAKES STRATEGIC INVESTMENT IN PREDICTIVE Perth, Western Australia/ August 14, 2024/Perseus Mining Limited (ASX/TSX:PRU) (Perseus or the Company) is pleased to announce that it has acquired a relevant interest in 13.82% of the issued shares of Predictive Discovery Limited (Predictive) as a strategic equity investment (Predictive […]
  • Perseus Mining Delivers Another Impressive Quarter
    Perth, July 30, 2024 (GLOBE NEWSWIRE) -- JUNE 2024 QUARTER REPORT Perseus Mining delivers strong production & free cashflow resulting in cash and bullion of US$587 million after acquiring Nyanzaga PERTH, Western Australia/ July 30, 2024/Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) reports on its activities for the three months’ period […]

Stay up to date

Get notified about the latest gold mining news as soon as it happens or choose daily or weekly deliveries.
GET Newsletters
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram