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21-23 Brandon Street
Marsden QLD 4132
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Sold on 28 Aug 2023

21-23 Brandon Street Marsden QLD 4132

  • Medical / Consulting
  • 440 m²
  • Sold

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.

Property Highlights

Date Sold28 Aug 2023
Floor Area440 m²
Land Area1,883 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018557231
Category
Last updated  26 Sep 2023
Map for 21-23 Brandon Street Marsden QLD 4132

Property Highlights

Date Sold28 Aug 2023
Floor Area440 m²
Land Area1,883 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018557231
Category
Last updated  26 Sep 2023
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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