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214/15-19 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%

This fully tenanted Specialist Disability Accommodation (SDA) High Physical Support apartment in Sunshine presents a compelling opportunity for investors seeking secure, immediate income supported through the NDIS framework. With a participant already in place, the property generates $89,864 per annum in gross income, providing investors with immediate cash flow from settlement. Within the same development, comparable SDA apartments have achieved potential yields of up to 10.6%, highlighting the strong income potential of SDA investments within this complex. Purpose-built and certified for High Physical Support (HPS) participants, the apartment has been designed in accordance with SDA standards, providing specialised housing for residents with significant physical support needs. Conveniently located just minutes from Sunshine Railway Station and the vibrant Hampshire Road shopping and dining precinct, the property offers excellent connectivity and access to essential services within Melbourne's rapidly evolving western corridor. ________________________________________ Investment Highlights Fully tenanted SDA property with immediate income Gross annual income: $89,864 p.a. Comparable apartments in the development achieving yields up to 10.6%* Certified High Physical Support (HPS) SDA apartment Income supported through NDIS SDA funding Attractive opportunity for SMSF and yield-focused investors *Yields achieved by other apartments in the complex and may vary depending on purchase price and investor circumstances. ________________________________________ Apartment Features Purpose-built High Physical Support SDA apartment Two spacious bedrooms including: HPS-compliant master bedroom with private accessible ensuite Second bedroom suitable for carer or onsite support arrangement Light-filled open-plan living and dining area Modern kitchen with stone benchtops, wall oven, dishwasher and ample storage Internal laundry with washer/dryer Wide doorways and step-free access throughout Reinforced structural provisions for future ceiling hoist installation Designed to accommodate assistive technology and mobility support Constructed in full compliance with NDIS SDA High Physical Support design standards, ensuring suitability for residents with significant physical support needs. ________________________________________ Strategic Location Sunshine Growth Corridor Located approximately 12km from Melbourne CBD, Sunshine is undergoing significant infrastructure investment and urban renewal, driving strong demand for housing and services. Key advantages include: Sunshine Railway Station providing direct access to Melbourne CBD Vibrant Hampshire Road retail and dining precinct Proximity to Sunshine Hospital and major health services Expanding residential and commercial development across the area Strong transport connectivity and established community infrastructure These factors continue to position Sunshine as a key growth precinct within Melbourne's western corridor. ________________________________________ Enquire today to receive the full investment breakdown or arrange a private inspection of this fully tenanted SDA investment opportunity. Information provided is for display purposes only. Interested parties should conduct their own investigations and due diligence.

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 214/15-19 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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