To enquire, please email or call 1300 815 051 and enter code 5320
Owner Occupied –
This near new home is situated in the heart of Cleveland. This stunning property offers a spacious and comfortable lifestyle with a perfect blend of modern amenities and outdoor living. This home features 3 ample bedrooms, each equipped with their own ensuite. The four bathrooms plus a separate powder room, ensure no morning queues, providing comfort for the whole family. Stay comfortable throughout the year with reverse cycle and split system air conditioning, while the fully fenced yard provides security and privacy for children and pets. Don't miss this fantastic opportunity to own a large family home, with outstanding investment potential.
Investors –
Alternatively, the home provides an outstanding investment opportunity with potential gross yields of up to 12% when fully occupied.
Investment potential:
Option 1 - NDIS SDA Investment. As an established Specialist Disability Accommodation (SDA) property, the returns range from $52,000 to $183,758 per year gross*.
Option 2 - Rooming House. As a rooming house, you can expect between $350 to $400 rent per room per week, with potential returns of up to $80,000 per year gross (subject to relevant accreditation and certification requirements for rooming houses).
The house is currently tenanted as an NDIS SDA property (Option 1) with a current gross income of $52k per annum with one tenant. There’s an opportunity to triple this income with 3 tenants.
Our innovative SDA Smart Homes are meticulously crafted to empower individuals with disability to flourish in a safe and nurturing environment.
Our homes prioritise accessibility and enhanced support for participants that may have physical, visual, sensory, intellectual, or cognitive challenges.
To qualify as SDA housing, dwellings are thoughtfully curated in line with Specialist Disability Accommodation Design Standards. The environment is tailored to participants’ needs, encompassing improved physical access, including our exclusive iSaint Assistive Technology giving complete automation in our homes.
Designed to the highest SDA standard – High Physical Support – highlights of the home include enhanced wheelchair access, wide hallways and doorways, fully accessible bathrooms and extra-large bedrooms, all with ensuites.
Price: *Make an offer*
Category: High Physical Support
3 Bedrooms | 3 Ensuite Bathrooms | 2 Care Garage | 1 Living Room + Carers room/office & powder room + alfresco area
Current Income (gross): 1x Fully Accessible participant = $52,263 pa*
Potential Income (gross): The current participant + 1 x Improved Liveability + 1 x High Physical Support participant = $183,758 pa*
Lot Size: 433sqm
House Size: 245sqm
A popular Bayside location, the home is close to Cleveland Central for shopping and dining and in easy access to recreation amenity and the Redland Hospital making the SDA appeal high.
SDA inclusion highlights:
• iSaint Assistive Technology package
• Non-slip timber look flooring, non-slip tiles to wet areas
• Extra wide hallways & doorways for wheelchair access
• Large bedrooms allowing for queen-size bed + circulation space
• Ceiling hoist provision & wall reinforcing
• Wheelchair accessible kitchen with adjustable height kitchen bench top, pull-out style pantry
• Recessed door tracks / smooth surface transitions throughout
• Split system A/C in living & each bedroom
• Ceiling fans to living & alfresco
• Wall fans to bedrooms
• Large undercover patio
• Neutral colour schemes
• Fully fenced & landscaped
• Private wheelchair accessible ensuite to each bedroom including hobless shower & pedestal sink
• Private carer office / bedroom for Overnight Onsite Assistance & powder room
• Generator for backup power
• Structural/power provision for ceiling hoist to beds/baths (excluding carer room)
• Can be purchased in Individual, Trust, Company or SMSF
Contact Jonathan Salter using the enquiry code or form.
*Current income based on 1 x Fully Accessible SDA funded tenant for a 3 bedroom + OOA home in Brisbane East and is accurate at time of publication but may change at any time. Potential income is based on the current tenant and 1 x HPS SDA funded participant and 1 x IL funded participant for a 3 bedroom + OOA home in Brisbane East from NDIS Price Calculator 2025/26 issued July 25 and yield is based on a sale price of $1.45m. Income is dependent on number of tenants and approved funding levels and is not guaranteed. Land and house sizes are approximate only. Rooming Accommodation rents are estimates only and based on 4 bedrooms occupied and will vary based on location and other factors.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained herein.
To enquire, please email or call 1300 815 051 and enter code 5320
