22/307-309 Old Cleveland Road, Capalaba, Qld 4157

High Physical Support SDA Apartment with High Income and Long-Term Headlease- 8.7% Nett ROI

Positioned within the purpose-built Kubunity SDA development in the heart of Capalaba, this premium High Physical Support apartment presents an exceptional investment opportunity with secure income, minimal management responsibilities and a long-term headlease already in place.

Purpose designed and certified to NDIS High Physical Support standards, this modern one-bedroom apartment provides investors with a high-quality specialist disability accommodation asset in one of South East Queensland’s most established SDA precincts.

The apartment features a spacious accessible bedroom with ensuite, open plan living and dining, modern kitchen with quality appliances, private balcony and dedicated storage. Residents also enjoy access to shared common areas and professionally managed onsite facilities designed to support independent living.

Investment Highlights

- NDIS High Physical Support (HPS) Certified
- 1 Bedroom | 1 Bathroom
- Purpose-built SDA apartment
- Located within the Kubunity Capalaba development
- Professionally managed specialist accommodation
- Long-term headlease in place
- High rental income with annual indexation opportunities
- Low maintenance investment

Annual Income
Gross Annual Income: $106,301

Income comprises:

- SDA Funding: $97,201 per annum
- Reasonable Rent Contribution (RRC): $9100 per annum

Annual Outgoings
- SDA Provider Fee (12.5% + GST): $14,616
- Council Rates & Water: $3,200
- Building Insurance & Strata Fees: $3,820
- SDA Home Contents & Income Protection Insurance: $780
- Contribution towards Onsite Overnight Assistance (OOA): $2,314
- Total Annual Outgoings: $24,730

Approximate Net Income: $81,571 per annum

Lease Information
The apartment is currently leased under a fixed-term Residential Tenancy Agreement.

Current lease commencement: 15 June 2026
Lease expiry: 13 June 2027
Rental payments made monthly
Professionally managed tenancy

Headlease
This property benefits from a long-term specialist accommodation headlease with the SDA Provider, providing investors with greater income security and reducing day-to-day management responsibilities.

The headlease allows the SDA Provider to manage participant placement, ongoing tenancy administration and operational management of the property, creating a genuine passive investment opportunity.

Location
Situated only moments from Capalaba Park Shopping Centre, Capalaba Central Shopping Centre, medical centres, public transport and the Redland Hospital precinct, the location continues to experience strong demand from participants seeking quality accessible accommodation close to essential services.

Capalaba remains one of South East Queensland’s most established SDA locations, offering investors confidence through proven participant demand, excellent infrastructure and convenient access to Brisbane and the Bayside region.

An Outstanding SDA Investment
Whether you are expanding an existing SDA portfolio or entering the specialist disability accommodation market for the first time, Unit 22 offers an attractive combination of secure income, professional management, quality construction and long-term investment potential.

Contact SDA Agents today to request the full Information Memorandum, tenancy documentation and financial overview.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Photos are a indication of the type of unit and colours and finishes may vary.