Fully Tenanted high yeild state-of-the-art building completed in 2022, located just 600 meters from the Peninsula Fair Shopping Centre in Kippa-Ring. This premier development is distinguished by its luxury finishes, high ceilings, and full automation features, including doors, blinds, lifts, lighting, and air conditioning.
Each unit is meticulously designed, exceeding standard SDA design standards, and includes a hoist plus increased space to ensure long-term occupancy by tenants. This exceptional property is a testament to quality, comfort, and convenience, making it a perfect choice for both residents and investors.
Gross income:
$423,864.48
Outgoings:
- Maintenance/Insurance: $23,211.00 pa approx
- Management fee: 10% plus GST $42,386.40
Net income: $379,167.00
Investment Highlights:
Tied to the Federal Government's NDIS SDA scheme, this purpose built apartment block will provide high quality and heavily subsidised accommodation for disabled persons requiring specialised housing solutions.
Underpinned by a 10-year head lease with options to one of Australia's largest SDA providers, the opportunity offers a significantly higher return than generally provided by a traditional residential investment.
Location
Situated in the heart of Kippa-Ring, this property offers unparalleled convenience. The nearby Peninsula Fair Shopping Centre provides easy access to a wide array of shopping, dining, and entertainment options. Peninsula Fair Shopping Centre in Kippa-Ring is a vibrant retail destination featuring a variety of stores and services. Major stores include Kmart, Coles, Best & Less, and Hoyts Cinemas. The centre is complemented by over 75 specialty shops, offering a diverse range of products and services, including fashion, jewelry, health and beauty, and professional services. The shopping centre also boasts a food court with various dining options, ensuring a complete shopping and entertainment experience. The vibrant local community and excellent amenities make this location highly desirable for tenants.
Premier Provider: NDISP
This property is managed by NDISP, the leading provider in Queensland. With their extensive experience and impeccable reputation, you can be assured of top-tier management and tenant satisfaction.
Why Invest Here?
This is more than just a property; it's a lucrative investment opportunity backed by the government. The combination of luxury living, advanced technology, and prime location ensures high demand and long-term tenant retention.
Seize the chance to invest in a property that offers both a superior living experience for tenants and a solid, reliable return for investors. Contact us today to learn more and request detailed information.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Added 19 July, 2024
Property ID: #L29485570
