An exceptional opportunity to acquire an established and operating Specialist Disability Accommodation (SDA) investment in Mount Gravatt, approximately 10.8km by road from the Brisbane CBD.
Completed in 2021, this purpose-built complex comprises four two-bedroom, two-bathroom High Physical Support (HPS) SDA apartments, dedicated On-site Overnight Assistance (OOA) accommodation and extensive participant support facilities.
The property is currently operating with four SDA participants accommodated across the four apartments, supported by established participant and provider arrangements, including services delivered through a well-established Church-affiliated organisation.
A key feature of the offering is a proposed net income guarantee of $350,000 per annum for two years from settlement, provided by Sumo Managed Funds Pty Ltd and subject to the final executed Rental Guarantee Agreement.
Each SDA apartment provides approximately 94m² of internal living plus private open space and has been purpose-designed for accessibility, participant independence and High Physical Support requirements.
Investment Highlights:
-Net income of $350,000 p.a. guaranteed for 2 years from settlement
-4 x two-bedroom, two-bathroom HPS SDA apartments
-Dedicated OOA/carer accommodation
-4 SDA participants currently accommodated
-Established SDA provider and participant support arrangements
-Purpose-built and completed in 2021
-Approx. 94m² internal area per apartment
-Vertical lift and accessible circulation
-Automated doors and ceiling-hoist infrastructure
-Assistive technology suite
-Support kitchen and communal hydrotherapy facilities
-Fire sprinklers and emergency power solutions
-Secure access and CCTV to common areas
-2 on-site car spaces
-680m² site
-Brisbane City Council Low-Medium Density zoning - 2 or 3 storey mix
-Class 3 building
-Convenient Mount Gravatt location close to medical, retail, education and public transport amenity
This is an opportunity to acquire an established, purpose-built and currently operating SDA asset, combining existing participants, specialised HPS infrastructure and a substantial two-year income guarantee.
Full details of the existing SDA provider, participant support and operating arrangements can be made available to qualified parties during due diligence, subject to confidentiality requirements.
Disclaimer: The proposed $350,000 p.a. net income guarantee is intended to be provided by Sumo Managed Funds Pty Ltd for two years from settlement and documented separately under a Rental Guarantee Agreement. Final executed terms will prevail. Purchasers should undertake their own due diligence regarding the guarantee, SDA funding, occupancy, provider arrangements, operating expenses, zoning and all other aspects of the investment.
