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An exceptional opportunity to secure a premium High Physical Support (HPS) Specialist Disability Accommodation (SDA) investment, purpose-built to the highest HPS design standards with luxury finishes, integrated smart technology and exceptional long-term income security.
This impressive complex comprises six spacious two-bedroom, two-bathroom apartments plus an Onsite Overnight Assistance (OOA) apartment, combining sophisticated residential living with cutting-edge assistive technology. Purpose-built to meet the stringent requirements of High Physical Support SDA participants, the development offers an outstanding balance of functionality, independence and modern design.
Throughout the complex, residents benefit from integrated smart home technology, allowing control of lighting, blinds, air conditioning and electronic door systems via compatible assistive technology. Combined with lift access, wheelchair-friendly layouts, generous circulation spaces, accessible bathrooms and contemporary open-plan living, the development provides a premium living environment designed for long-term participant comfort.
Property Features
-Purpose-built High Physical Support (HPS) SDA development
-Six spacious 2-bedroom, 2-bathroom apartments plus an Onsite Overnight Assistance (OOA) apartment
-Two passenger lifts providing convenient access throughout the complex
-Secure undercover parking for each apartment
-Integrated smart home technology throughout
-Automated lighting, blinds, air conditioning and electronic door systems
-Spacious open-plan living with premium finishes
-Luxury accessible kitchens and bathrooms
-Wheelchair-friendly design with generous circulation throughout
-Secure, modern, low-maintenance complex
-Outstanding Location
Perfectly positioned in a quiet residential street, this exceptional development enjoys the convenience of being directly opposite the Cannon Hill retail and lifestyle precinct, placing residents within easy walking distance of everyday essentials and quality amenities.
Within just minutes' walk you'll find Westfield Cannon Hill, Coles, Kmart, Bunnings Warehouse, Woolworths, cafés, restaurants, medical services, pharmacies, gyms, specialty retailers and public transport, providing an outstanding level of convenience and independence for residents.
The property also offers excellent connectivity, with Brisbane CBD, Brisbane Airport, the Gateway Motorway, major hospitals and surrounding employment hubs all easily accessible.
Financial Summary
Estimated Gross Rental Income (Per Annum)
Apartment Income
-Apartment 1 $100,000 + RRC $13,419 (Currently Vacant)
-Apartment 2 $108,594 + RRC $13,419
-Apartment 3 $108,594 + RRC $12,889
-Apartment 4 $99,086 + RRC $13,419
-Apartment 5 $99,684 + RRC $12,889
-Apartment 6 $108,594 + RRC $12,889
Total Estimated Gross Income: $703,476 per annum
Estimated Annual Outgoings
-Management (11%): $77,382.36
-Insurance: $7,500.00
-Council Rates: $7,194.60
-Lift Maintenance: $1,372.00
-Air Conditioning Cleaning: $1,820.00
-Smoke Alarm Compliance: $440.00
-RCD Testing: $840.00
-Fire & Electrical Inspection: $277.50
-Pest Control: $530.00
Total Estimated Outgoings: $97,356.46
Estimated Net Income
Approximately $606,119.54 per annum
Purpose-built High Physical Support SDA assets of this calibre are exceptionally tightly held and rarely offered to the market. Combining premium construction, integrated smart technology, an unbeatable lifestyle location and strong government-backed income, this represents an outstanding opportunity to secure a blue-chip SDA investment with immediate income and long-term growth potential.
Disclaimer: All financial figures, rental income and outgoings are approximate and provided as a guide only. Prospective purchasers should undertake their own independent enquiries and seek independent financial, taxation and legal advice before making any purchasing decision.
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