51 Bunbury Street Stirling ACT 2611

CBRE Australian Healthcare & Social Infrastructure is pleased to exclusively present for sale, 51 Bunbury Street, Stirling (ACT). The subject property is offered as part of the National NDIS Housing Portfolio, comprising seven (7) assets for sale individually or in-one line across Victoria and Canberra.

All assets are located within established residential locations with significant remaining tenure and notable underlying landholdings.

Bespoke construction and refurbishment across all homes has occurred with regular maintenance minimising immediate CAPEX expenditure.

With a 60% shortfall in specialist disability housing as at Oct-2023, the demand for this essential service has never been greater with the strength of long-term demand prospects unquestionable.

+ Purpose-built Disability Accommodation improvements of 385 sqm* with existing depreciation benefits

+ Significant underlying land value with a landholding of 844 sqm and median house price exceeding $1,000,000.

+ Leased to Disability Housing solutions with 30+ years of experience within the industry and established market leaders specialising in SDA accommodation

+ Annual income of $144,245 pa* plus outgoings and GST with annual CPI increases

+ Ten (10) year lease term plus two (2) further ten (10) year options to 2051
LOCATION

+ 79% of participants with SDA needs within the Weston Creek District are currently living in SDA dwellings - significant unmatched demand

LOCATION

+ Positioned within high-density residential area with key essential services and amenities a stone's throw away such as supermarket services (840m*), Weston Creek Walk-In Centre (800m*), Stirling Oval & Gardens (580m*) and Waramanga Medical Centre (950m*)

+ Highly accessible location with entry/exit to the Tuggeranong Parkway connecting to Canberra CBD and major arterials situated only 1.1km* from subject property

+ Stirling (ACT) median house price of $1,100,000 (92% increase in past 10 years)

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING Thursday 23rd November 2023 at 2:00pm (AEST)

For further information, contact the exclusive sales agents

Marcello Caspani-Muto
+61 417 065 777

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

*approx.