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208/15-19 Service Street

Sunshine, VIC 3020, Australia
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2 bed 1 bath

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About this property

Fully Tenanted SDA Investment | Immediate NDIS Income | Yields in Complex Up to 10.6% This fully tenanted Specialist Disability Accommodation (SDA) High Physical Support apartment in Sunshine presents an attractive opportunity for investors seeking secure, immediate NDIS-backed income. With a participant already in place, the property generates $92,588 per annum in gross income, providing investors with immediate cash flow from settlement. Comparable apartments within the same development have achieved potential yields of up to 10.6%, highlighting the strong income potential of SDA investments in this complex. Sale Price: $995,000. Purpose-built and certified for High Physical Support (HPS) participants, the apartment has been designed in accordance with SDA standards to support residents with significant physical support needs. ________________________________________ Investment Highlights Already tenanted with immediate income from settlement Gross annual income: $92,588 p.a. Comparable apartments in the complex achieving yields up to 10.6%* Certified High Physical Support (HPS) SDA apartment Income supported through NDIS SDA funding *Yields achieved by other apartments in the development and may vary depending on purchase price and investor circumstances. ________________________________________ Apartment Features Two-bedroom High Physical Support SDA apartment Accessible master bedroom with private ensuite Second bedroom suitable for carer or support staff Open-plan living and dining area Modern kitchen with stone benchtops and quality appliances Wide doorways, step-free access and assistive technology provisions Reinforced walls for future ceiling hoist installation Internal laundry ________________________________________ Prime Location Sunshine Located just 12km from Melbourne CBD, Sunshine continues to experience strong infrastructure investment and urban renewal. The property is conveniently located near Sunshine Railway Station, Sunshine Hospital and the Hampshire Road retail and dining precinct, offering excellent connectivity and access to essential services. ________________________________________ Enquire today to receive the full investment breakdown or arrange a private inspection.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
3 months ago

Repayment calculator

$3,394/month
$1,697 /fortnight
Loan $560,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$140,000
Stamp duty$37,070
Conveyancing (est.)$2,000
Total upfront$179,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Sunshine

This 2-bedroom apartment in Sunshine, VIC 3020 sits within reach of public transport, local shops and nearby schools.

Schools near Sunshine

  • Our Lady of the Immaculate Conception Schoolprimary · Prep-6 · CoEd
  • Sunshine Harvester Primary Schoolprimary · Prep-6 · CoEd
  • Sunshine Heights Primary Schoolprimary · Prep-6 · CoEd
  • Sunshine Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - Sunshine Campussecondary
  • Saints College - Sunshine Campussecondary

What's nearby

  • Kennedy Street/Devonshire Road (bus)205 m away
  • Beaurepaire173 m away
  • Sunvale Community Park209 m away
  • Unnamed340 m away
  • Kevin Wheelahan Gardens475 m away

Sunshine at a glance

Full suburb profile
Population
9,445
Median age
35
Household income
$1,566/wk
Median rent
$340/wk
Median mortgage
$1,842/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Sunshine price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$495kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Sunshine market

Within 5km

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