37 Vanessa Crescent
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About this property
Unlock potential for exceptional cash flow with this rare opportunity to acquire a purpose built Specialist Disability Accommodation (SDA) investment. This property consists of two modern units on a single title: 37A designed for two residents and 37B designed for one. Currently leased to general-market tenants, the property currently generates $1020 in weekly income, while also presenting significant potential for income uplift. When utilised for SDA accommodation the estimated annual income skyrockets to an approximate $130,000. This robust duplex is ideal for those seeking a high yield SDA investment or a versatile dual living situation. Located in a rapidly growing area with more infrastructure and developments nearby, it offers an exceptional opportunity to own quality accommodation designed to meet specific needs, while also having potential for extremely high yield returns. Property Information at a glance: - Dual key investment - Fully fenced - Sound insulated bedrooms - Ducted air conditioning Unit 1: - 3 bedroom unit - Configured for 2 SDA residents - Onsite overnight assistance (OOA) room - Currently rented for $570 p/w until 19/07/2027 - Projected SDA income of $77,369 per annum Unit 2: - 2 bedroom unit - Configured for 1 SDA resident - Currently rented for $450 p/w until 24/09/2026 - Projected SDA income of $51,967 per annum Rates Approximately $1,214.90 per half year Water Access Rates Approximately $377.40 per half year
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 663 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Cotswold Hills
This 5-bedroom apartment in Cotswold Hills, QLD 4350 sits within reach of public transport, local shops local amenities. It is listed 69% above the $830,000 median of 66 comparable apartmentswithin 5 km.
What's nearby
- Unnamed (bus) — 2.3 km away
- Klippt — 2.3 km away
- Lila Drive Park — 250 m away
- Unnamed — 784 m away
- John Trousdall Memorial Park — 1.2 km away
Cotswold Hills at a glance
Full suburb profile- Population
- 1,620
- Median age
- 42
- Household income
- $2,196/wk
- Median rent
- $390/wk
- Median mortgage
- $1,785/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Cotswold Hills price trend
Median sold · House 4 bed
Compound growth +10.4% / yr over 4 yrs
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Full Cotswold Hills marketThis listing
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1 price change recorded for this property
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