FOR SALE
Offers over $5,200,000

Contact Agent For Address
Kippa-Ring QLD 4021

Bedrooms: 9
Bathrooms: 9
Car spaces: 3
Land area: 738m2
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State of the art SDA building with 6.5% net yield!

Fully Tenanted high yeild state-of-the-art building completed in 2022, located just 600 meters from the Peninsula Fair Shopping Centre in Kippa-Ring. This premier development is distinguished by its luxury finishes, high ceilings, and full automation features, including doors, blinds, lifts, lighting, and air conditioning.
Each unit is meticulously designed, exceeding standard SDA design standards, and includes a hoist plus increased space to ensure long-term occupancy by tenants. This exceptional property is a testament to quality, comfort, and convenience, making it a perfect choice for both residents and investors.
Gross income:
$423,864.48
Outgoings:
- Maintenance: $23,211 pa
- Management fee: 13% plus GST $60,612.62
Net income: $340,040.86
Investment Highlights:
Tied to the Federal Government's NDIS SDA scheme, this purpose built apartment block will provide high quality and heavily subsidised accommodation for disabled persons requiring specialised housing solutions.
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Property Details for Contact Agent For Address, Kippa-Ring

Contact Agent For Address, Kippa-Ring is a 9 bedroom, 9 bathroom House with 3 parking spaces. The property has a land size of 738m2. The place is currently for sale with Harcourts Solutions Inner City.

Building Type
House
Land Size
738m2

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About Kippa-Ring 4021

The size of Kippa-ring is approximately 5.4 square kilometres. It has 24 parks covering nearly 12.7% of total area. The population of Kippa-ring in 2011 was 9,928 people. By 2016 the population was 9,805 showing a population decline of 1.2% in the area during that time. The predominant age group in Kippa-ring is 10-19 years. Households in Kippa-ring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kippa-ring work in a trades occupation. In 2011, 64.5% of the homes in Kippa-ring were owner-occupied compared with 61.5% in 2016.

Kippa-Ring has 4,392 properties. Over the last 5 years, Houses in Kippa-Ring have seen a 75.70% increase in median value, while Units have seen a 67.14% increase. As at 30 September 2024:

  • The median value for Houses in Kippa-Ring is $738,804 while the median value for Units is $485,693.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 22 properties listed for rent in Kippa-ring on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Kippa-ring.

Suburb Insights for Kippa-Ring 4021

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Contact agent
Domenico Bellino
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Harcourts Solutions Inner City
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.