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208/15-19 Service Street

Sunshine VIC 3020

2
1
Apartment
Currently for sale - view listing

Overview

Fully Tenanted SDA Investment | Immediate NDIS Income | Yields Achieved in Complex Up to 10.6%

Fully Tenanted SDA Investment | Immediate NDIS Income | Yields in Complex Up to 10.6% This fully tenanted Specialist Disability Accommodation (SDA) High Physical Support apartment in Sunshine presents an attractive opportunity for investors seeking secure, immediate NDIS-backed income. With a participant already in place, the property generates $92,588 per annum in gross income, providing investors with immediate cash flow from settlement. Comparable apartments within the same development have achieved potential yields of up to 10.6%, highlighting the strong income potential of SDA investments in this complex. Sale Price: $995,000. Purpose-built and certified for High Physical Support (HPS) participants, the apartment has been designed in accordance with SDA standards to support residents with significant physical support needs. ________________________________________ Investment Highlights Already tenanted with immediate income from settlement Gross annual income: $92,588 p.a. Comparable apartments in the complex achieving yields up to 10.6%* Certified High Physical Support (HPS) SDA apartment Income supported through NDIS SDA funding *Yields achieved by other apartments in the development and may vary depending on purchase price and investor circumstances. ________________________________________ Apartment Features Two-bedroom High Physical Support SDA apartment Accessible master bedroom with private ensuite Second bedroom suitable for carer or support staff Open-plan living and dining area Modern kitchen with stone benchtops and quality appliances Wide doorways, step-free access and assistive technology provisions Reinforced walls for future ceiling hoist installation Internal laundry ________________________________________ Prime Location Sunshine Located just 12km from Melbourne CBD, Sunshine continues to experience strong infrastructure investment and urban renewal. The property is conveniently located near Sunshine Railway Station, Sunshine Hospital and the Hampshire Road retail and dining precinct, offering excellent connectivity and access to essential services. ________________________________________ Enquire today to receive the full investment breakdown or arrange a private inspection.

Features

2 bedrooms
1 bathroom
Apartment

Happy sellers in Sunshine

88%
88% of sellers in Sunshine reported that their sale price either exceeded or met their price expectations.

Sunshine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 28 reviews in Sunshine over the last 12 months.

Local market activity for 2 bedroom apartments in Sunshine

In the last 12 months, 15 two-bedroom apartments similar to 208/15-19 Service Street, have been sold.

This represents a 42% increase in two-bedroom apartments sales when compared to the previous 12 months.

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