22 Danielle Street, Cleveland QLD 4163

AUD 2,200,000
For Sale

Property Details

Property Type

Vacant Land

Description

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: 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

Location

Address

22 Danielle Street, Cleveland QLD 4163

City

Cleveland

Features and Finishes

None

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more