22 Danielle Street
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About this property
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
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 708 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Cleveland
This land in Cleveland, QLD 4163 sits within reach of public transport, local shops and nearby schools. It is listed 110% above the $1.05m median of 66 comparable landswithin 5 km.
Schools near Cleveland
- Cleveland State Schoolprimary · Prep-6 · CoEd
- Star of the Sea Primary Schoolprimary · Prep-6 · CoEd
- Cleveland District State High Schoolsecondary · 7-12 · CoEd
- The BUSY School - Cleveland Campussecondary
- The Industry School - Redlandssecondary · 10-12 · CoEd
- The Industry School - Redlands (Cleveland)secondary
What's nearby
- Bloomfield St at Long Street (bus) — 288 m away
- Carroll's Picture Framing — 558 m away
- Unnamed — 365 m away
- Unnamed — 512 m away
- Unnamed — 586 m away
Cleveland at a glance
Full suburb profile- Population
- 15,850
- Median age
- 51
- Household income
- $1,430/wk
- Median rent
- $400/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Cleveland price trend
Median sold · House 4 bed
Compound growth +9.5% / yr over 4 yrs
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1 price change recorded for this property
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