35 Alma Street,
Rockhampton City, QLD 4700

Colliers invites your participation in the sale by Expressions of Interest, closing at 4pm on Thursday 26 September 2024, of a significant NDIS Specialist Disability Accommodation (SDA) investment opportunity in Rockhampton. The project has been derisked by securing a full suite of approvals and an executed building contract with a Tier 1 builder.

Nationally there is an estimated A$5 Billion shortfall in active investment in the SDA sector based on the assessed demand. More specifically there is a shortage of suitable and purpose-built SDA housing for people with disabilities in the Rockhampton and regional Queensland region. The project at 35 Alma Street responds to the gap in the market with a design that is economical to build and tailored to the needs of the participants.

This opportunity will be attractive to private and institutional investors seeking exposure to the growing NDIS housing market.
Highlights of the opportunity include:

• Prime Rockhampton CBD location
• 12 x 2 bedroom High Physical Support + 1 x OOA apartments
• 2,549m²* freehold land parcel
• $1,430,000* forecast fully tenanted net income
• Full suite of building approvals in hand
• Building contract executed with Tier 1 builder
• Owner open to a range of delivery options (As-Is to On Completion)

The owners are looking for offers to purchase the property either ‘as is’ with its approvals and building contract or ‘on completion’ of the building works.

Please contact Colliers for a confidential discussion about the property and to receive the Information Memorandum and other pertinent material.

*approximate