An outstanding chance to complete a premium Specialist Disability Accommodation (SDA) development and secure instant equity on completion.
• Estimated Completion Value: $4,500,000 - $5,000,000 (fully tenanted)
• Total Project Cost: $3,800,000 - $4,000,000 approx
• Projected Equity Gain: $700,000 - $1,000,000 approx.
• Estimated Completion Cost: $1,350,000 plus GST
• Current certificates and approvals available from seller
Expected Outgoings:
• Management: $53,945.32 (incl. GST)
• Rates: $4,000
• Cleaning: $3,000 p.a.
• Maintenance/compliance $10,000 pa
• Internet: $3,600 pa
• Insurance: $9,000 pa
Total Outgoings: $83,545.32 approx.
Net income: $406,866
Property Features
• 4 x Two-Bedroom, Two-Bathroom SDA Apartments (High Physical Support design)
• 4 Secure On-Site Car Parks
• Private Outdoor Patios/Balconies
• Fully Self-Contained Open-Plan Living & Dining
• Smart Home Automation
• Emergency Backup Power
• Accessible Kitchens with Smart Appliances & Ample Storage
• Automated Lighting, Blinds, Doors & Locks
• Private Lift Access
• Purpose-Built Overnight Onsite Assistant (OOA) Room
• Shared Multi-Purpose Communal Space
• Direct Flat-Pathway Access
Location - 22 Danielle St, Cleveland QLD
Set in one of Redland City's most desirable bayside suburbs, this location offers unbeatable convenience and lifestyle:
• 5 mins to Cleveland CBD, shopping, and dining
• Easy transport - close to Cleveland Train Station with links to Brisbane CBD
• 10 mins to Redland Hospital & medical services
• Minutes from Raby Bay Foreshore, marinas & parklands
• Surrounded by quality schools & community facilities
• Strong SDA demand with low vacancy rates in Redlands
• Growing NDIS participant numbers in the region (source: NDIS Quarterly Reports)
Why Invest?
• Government-Backed SDA Income - Secure, CPI-indexed, long-term funding
• High Demand, Low Vacancy - Ongoing need for High Physical Support SDA homes
• Significant Depreciation Benefits
• Strong Rental Yield - Max enrolment income of $454,884 p.a.
• Superior to Standard Residential - Long-term performance over 20 years
• Capital Growth Potential - Bayside Cleveland is a high-demand lifestyle location
Items to Complete
• Automation motors, doors & blinds
• Bathroom tiling
• Rendering & painting
• Additional garage (2-car garage already complete)
• Lift
• Driveway & hoist provisions
BA and all property files are available upon request.
This is a rare chance to secure a high-yield SDA investment property in a prime bayside location, designed and built to the NDIS High Physical Support standard. With strong capital growth, superior returns, and government-backed income, this is the smart investor's choice.
Contact us today for financial projections, floor plans, and inspection details
