*Information Memorandum available on request*
An exceptional opportunity to secure a high-yield, fully tenanted Specialist Disability Accommodation (SDA) apartment block in a premium Brisbane location. This purpose-built complex generates a fixed lease income of $434,537 per annum, with built-in CPI increases, minimal maintenance, and strong depreciation benefits.
Investment Snapshot:
•Gross rental income: $434,537 p.a.
•Total outgoings: $93,568 p.a.
•Net income: $340,968 p.a.
Expenses include:
• Property management (11%): $45,269
• Maintenance fund: $23,000
• Council rates: $5,624
• Insurance: $9,900
• Internet: $4,500
• Land Tax: $5,275
Property Features:
• 4 x Two-bedroom, two-bathroom SDA apartments
• 3 on-site secure car parks
• Private outdoor patios/balconies for each apartment
• Fully self-contained, open-plan living and dining
• Smart home automation throughout
• Emergency backup power
