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CBRE - Brisbane

21-23 Brandon Street Marsden, QLD 4132

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21-23 Brandon Street,
Marsden, QLD 4132

Medical & Consulting • Hotel, Motel & Leisure

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CBRE - Brisbane
Will Carman

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
04776663...
CBRE - Brisbane
21-23 Brandon Street
Marsden, QLD 4132

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SOLD BY CBRE | $2,351,000

  • New Specialist Disability Accommodation
  • Fully Leased to NDIS Provider
  • Positioned in a High-Growth Location
CBRE on behalf of Invest Logan is pleased to present For Sale 21 & 23 Brandon Street, Marsden. The recently constructed specialist disability accommodation facility offers a secured lease included in National Government Disability Scheme, making it an exceptional investment opportunity. With a net income exceeding $215,000 per annum with sinking fund contributions, the potential for substantial returns is undeniable.

As the National Disability Insurance Scheme (NDIS) continues to expand and support individuals with disabilities, investing in this purpose-built facility not only provides financial stability but also contributes to the betterment of lives in need.

Key attributes of this property include:

+ Fully Leased net income of $215,787 per annum occupied by Home in Place (formerly Compass Housing) until February 2027 including options and rent reviews
+ Excellently presenting & functioning facility featuring two x three-bedroom houses, outdoor gardens & supporting facilities
+ Long term tenant with over 30 years’ experience in the affordable housing sector
+ Ideal suburban location with excellent proximity to immediate amenities and facilities
+ Included within the National Disability Government Scheme with NDIS set to receive substantial ongoing subsidy over the coming years
+ Located in proximity to key health facilities including being 2kms* from the Logan Hospital
+ NDIS accommodation is considered a futureproof investment with the vast undersupply of alternative housing in Queensland

For Sale via CBRE National Portfolio Auction Thursday 22 June 2023.

For further information please contact the Exclusive CBRE agents.

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Property ID: 504333688Last Updated: 26 Sep 2023

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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