21 Andante Crescent, Palmview, Qld 4553

Positioned in the heart of Palmview on the Sunshine Coast, this purpose-designed High Physical Support (HPS) Specialist Disability Accommodation (SDA) property presents an exceptional opportunity for investors seeking strong existing income, substantial potential upside and the security of purchasing a versatile residential asset in one of the region's key growth areas.

Currently occupied by just one High Physical Support participant, the property is already generating approximately $69,000 per annum in income.

However, the residence has been purpose-designed to accommodate up to three HPS participants, meaning two participant rooms are currently available and the property is operating well below its potential occupancy and yield.

For an incoming investor, this creates a particularly compelling proposition: an established income-producing SDA property with significant scope to strengthen its return as additional eligible participants are secured.

Purpose-Built SDA - With Flexibility for the Future:

Configured as a spacious four-bedroom, four-bathroom residence, the property comprises three HPS participant bedrooms plus dedicated Onsite Overnight Assistance (OOA) accommodation.

Each of the three participant rooms has been designed with accessibility, privacy and independence in mind, while the separate OOA accommodation supports the property's specialist use.

Importantly, the property's appeal extends beyond its current SDA operation. Its highly functional configuration, including multiple bedrooms and bathrooms, may lend itself to a range of alternative uses in the future, subject to applicable approvals and requirements.

The residence could appeal to families with accessibility or disability requirements, multi-generational households, or potentially alternative rooming accommodation arrangements. This provides investors with an additional layer of flexibility should their investment strategy change in the future.

Strong Income Today - Significant Yield Potential:

Perhaps the most compelling aspect of this opportunity is that the property's current income does not represent its full occupancy potential.

With just one of three available HPS participant rooms currently occupied, the property is generating approximately $69,000 per annum.

That leaves two additional HPS participant rooms available for occupancy, creating considerable potential to increase the property's gross annual income and overall investment yield.

Rather than paying a premium for an SDA investment already operating at capacity, purchasers have the opportunity to acquire an established, income-producing property with identifiable upside through increased occupancy.

Detailed current financials, SDA documentation and potential income scenarios are available to prospective purchasers to assist with their due diligence.

Invest in the Growth of Palmview:

Beyond the immediate income opportunity, the property is positioned within Palmview - one of the Sunshine Coast's major emerging residential communities.

Centrally positioned on the Sunshine Coast with convenient access to surrounding employment, education, health, retail and lifestyle precincts, Palmview continues to evolve as the wider community develops.

The continued delivery of local infrastructure, schooling, community facilities and the future town centre will further enhance the amenity available to Palmview residents as the area matures.

For investors, this presents an opportunity to combine the potential for strong specialised accommodation income with ownership of a versatile residential asset within a growing Sunshine Coast community.

Investment Highlights:

• Purpose-designed High Physical Support (HPS) SDA residence
• Four-bedroom, four-bathroom configuration
• Three HPS participant rooms plus dedicated OOA accommodation
• Currently occupied by one HPS participant
• Approximately $69,000 per annum in current income
• Two additional HPS participant rooms currently available
• Significant potential to increase income and yield through greater occupancy
• Established SDA property with existing participant in place
• Offered at a price reflective of its underlying residential value rather than an inflated SDA investment premium
• Flexible configuration with potential alternative residential or accommodation uses in the future, subject to applicable requirements
• Located within the growing Palmview community on the Sunshine Coast
• An opportunity to acquire an income-producing asset where current returns represent only a portion of the property's potential

Strong income from one participant + three participant rooms = considerable room to grow.

For further information, including current financials, SDA documentation and indicative income scenarios, contact Lauren McCarthy at Harcourts Palmview.