Are you looking for a spacious home that can accommodate a large or extended family, or even multiple families under one roof? Perhaps you're seeking a purpose-built home suitable for disability accommodation, or an investment property offering attractive rental returns and multiple income opportunities?
Currently tenanted at $800 per week, generating $41,600 in annual rental income and offering an attractive gross rental yield of 5.27%, this versatile property presents an exciting opportunity for investors, owner-occupiers, extended families and those seeking specialised disability accommodation.
Positioned within the growing and well-connected Fernvale community, this purpose-built SDA (Specialist Disability Accommodation) home offers a unique combination of functionality, flexibility and investment potential. Whether you're looking to accommodate multiple generations, explore supported living arrangements or secure an income-producing asset, this home offers possibilities beyond the traditional residential property.
Designed with functionality and durability in mind, this modern "tough home" offers a practical, low-maintenance layout ideal for supported living environments, shared accommodation or larger families. With consistent design across bedrooms and bathrooms, specialised finishes and secure features throughout, the property has been thoughtfully designed to provide comfort, accessibility and independence.
The home features a spacious open-plan kitchen, living and dining area, complemented by a second living/retreat space, providing flexibility for families, residents and carers alike. With ducted air-conditioning, laminate flooring throughout and a fully fenced yard with a covered outdoor patio, this property delivers both comfort and practicality.
For investors, the property's existing 5.27% gross rental yield is a key attraction, while its unique design also opens the door to several potential income streams, including continuing with the existing tenancy, exploring SDA accommodation arrangements or renting individual rooms, subject to relevant approvals and requirements.
Features of This Property:
Purpose-built SDA "tough home" designed for supported accommodation Four well-sized bedrooms with built-in storage and consistent layout Open-plan kitchen, living and dining area Additional second living/retreat space Built-in ceiling speakers to rear bedroom for dual use as a breakout room Laminate flooring throughout for durability and easy maintenance Hospital-grade bathrooms with functional, accessible design Five toilets throughout the home Ducted air-conditioning throughout Modern kitchen with electric appliances and ample cupboard space Secure lockable cabinetry throughout Double remote garage with additional storage Separate internal laundry Covered outdoor patio for low-maintenance outdoor living Fully fenced yard with high privacy fencing Durable, low-maintenance construction ideal for long-term investment
Investment & Living Opportunities:
5.27% Gross Rental Yield: Currently tenanted at $800 per week, generating $41,600 in annual rental income and providing investors with an immediate income-producing asset.
Specialist Disability Accommodation (SDA): Purpose-built for supported accommodation, the property offers potential for SDA use. The property has previously been advised as approved for SDA arrangements and accredited by the NDIS Quality and Safeguards Commission. A previous NDIS rental appraisal estimated potential returns of approximately $2,000 per week once occupied under eligible SDA arrangements, subject to applicable requirements and occupancy.
Co-Living Investment Potential: With individual lockable bedrooms and ensuite facilities, the property offers an opportunity to explore room-by-room leasing. A previous rental appraisal estimated approximately $200–$220 per room, per week, subject to applicable regulations and tenancy arrangements.
Multi-Generational & Extended Family Living: The spacious design, multiple bathrooms and additional living area make this property an excellent option for larger families, extended families or multiple generations wanting to live together while maintaining their own space.
Disability & Supported Living: Thoughtfully designed with specialised finishes and accessible features, the home offers a practical living environment for individuals requiring additional assistance, including the potential for carers or support workers to be accommodated.
Owner-Occupier Flexibility: For those looking to live in the property themselves, the versatile layout also offers the potential to rent individual rooms to assist with mortgage repayments.
With an established rental income, an attractive gross rental yield and the flexibility to suit a range of living arrangements, this is a unique opportunity for investors and owner-occupiers alike.
The Location:
Fernvale continues to grow in popularity thanks to its balance of lifestyle and convenience, offering easy access to essential amenities while maintaining a relaxed, community-focused feel.
Fernvale Village Shopping Centre – approx. 3 minutes Woolworths Fernvale – approx. 3 minutes Fernvale State School – approx. 4 minutes Ipswich CBD – approx. 20 minutes Warrego Highway access – approx. 5 minutes
Whether you're looking to expand your investment portfolio, accommodate a large or extended family, secure a home suited to disability or supported living, or explore opportunities within the SDA sector, 42 Cypress Circuit, Fernvale offers something a little different from your traditional residential property.
With tenants already in place paying $800 per week, a 5.27% gross rental yield, purpose-built disability accommodation features and the flexibility to cater to multiple families or living arrangements, this property is an opportunity not to be overlooked.
Do not hesitate—contact Josie Smith, the listing agent, as soon as humanly possible.
Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
