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Photos © Harcourts Solutions, shown from Harcourts’s listing.
LandFor sale

$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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