*Information Memorandum Available on Request*

Completed in 2022, this fully tenanted, state-of-the-art apartment building is ideally positioned just 600 metres from Peninsula Fair Shopping Centre in Kippa-Ring. Purpose-built to an exceptional standard, the development features luxury finishes, high ceilings and extensive automation throughout, including automated doors, blinds, lighting and air conditioning.

Designed to ensure strong long-term occupancy, each apartment exceeds standard SDA design requirements and incorporates increased living space, ceiling hoists, and full home automation including doors, lights, fans and air conditioning. This exceptional property combines quality, comfort and convenience, delivering a superior living environment for residents and a secure investment opportunity for owners.

Income Summary

Gross Income:
$407,183 p.a. (with potential to increase to $469,296 at max enrollment)

Outgoings:

General Outgoings: $14,800 p.a.
Management Fee (12.5% incl. GST): $50,897.91 p.a.

Net Income:
$341,485.34 p.a. (approximately 8% net yield)

Investment Highlights

-Purpose-built SDA apartment complex completed in 2022
-Fully tenanted with strong occupancy history
-Income supported by the Federal Government's NDIS Specialist Disability Accommodation scheme
-Premium construction and luxury finishes throughout
-Full home automation including doors, blinds, lighting and air conditioning
-High ceilings and oversized floor plans
-Ceiling hoists and enhanced accessibility features exceeding SDA standards
-Attractive returns compared with traditional residential investments
-Strong demand fundamentals supporting long-term occupancy

Prime Location

Situated in the heart of Kippa-Ring, the property offers outstanding convenience with Peninsula Fair Shopping Centre just 600 metres away. Peninsula Fair is a vibrant retail destination anchored by major tenants including Kmart, Coles, Best & Less and Hoyts Cinemas, complemented by over 75 specialty stores offering fashion, jewellery, health and beauty services, dining and professional services.

The surrounding area benefits from excellent amenities and a strong community atmosphere, making it a highly desirable location for residents and ensuring ongoing tenant demand.

Why Invest Here?

This is more than just a property-it's a premium investment opportunity backed by a government-funded scheme. The combination of luxury accommodation, advanced technology, secure income and a prime location creates an exceptional opportunity for investors seeking reliable returns and long-term capital preservation.

Contact us today to request a copy of the Information Memorandum and arrange a private discussion.

Disclaimer

In preparing this advertisement, we have used our best endeavours to ensure the information contained herein is true and accurate. However, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries and obtain independent advice to verify the information contained in this advertisement. Added 19 July, 2024 Property ID: #L29485570