1/307 Old Cleveland Road, CapalabaQLD 4157

Investment property is fully tenanted with a long-term lease in place, delivering secure, high-quality returns from day one. This one-bedroom unit generates over $62,240 per annum / $1,211 per week, providing a strong and consistent income stream with CPI-indexed growth. Positioned in a prime Capalaba location, this modern apartment offers a low-maintenance, set-and-forget investment underpinned by long-term tenancy security and strong demand fundamentals. The property is purpose-built and NDIS registered as High Physical Support (HPS), providing an additional layer of structured tenancy and funding stability within a tightly held accommodation sector. Key Features: - Current Gross yield approx. 9.5% - 20 year Head Lease with NDIS registered provider - 5-year tenancy agreement in place (4 years remaining) - Annual income of $62,240 (CPI indexed) - Built in 2021 – modern, low-maintenance design - Strong potential to achieve over 13%+ yield at end of lease cycle - NDIS registered - HPS (High Physical Support) classification Property Details: - 1-bedroom SDA apartment with OOA (Onsite Overnight Accommodation) - Fully accessible bathroom - Open-plan living, kitchen & dining - Private courtyard / alfresco - Dedicated car space - Access to shared pool & BBQ facilities Located within a well-maintained complex in a high-demand growth area, this property represents a rare opportunity to secure a premium, income-producing asset with strong underlying tenancy security and long-term upside potential. Contact us today for further information. Disclaimer: Whilst every effort has been made to ensure accuracy, no warranty is given by the vendor or agent. Interested parties should conduct their own enquiries.