$2,000,000
22 Danielle Street
Cleveland, QLD 4163
- 708 m² land
Exceptional Investment Opportunity - Max Rental Enrolment $490,412 p.a. (On Completion)
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: $1,700,000 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 Added 28 July, 2025 Property ID: #L35687112 Show More
Features
- garage
- balcony
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