15 Burnley St, Newmarket
This property is situated in a tightly held pocket of Newmarket. The site has been chosen from a shortlist of over 100 LMR zoned sites and is the closest purpose built SDA project to the CBD. The SDA market is under-supplied, and the majority of new supply is located in outer-fringe locations of major metropolitan areas. This development will set a new standard for location, amenity and quality. The site has 21mfrontage, direct access to the footpath on the other side of the street and is just 80m from the fully accessible Newmarket train station.
Owned by SDA Holdings QLD Pty Ltd Purchased 2019 DA and BA Approved (BCC) 615m2 LMR Zoning Quiet street with a mix of units and houses and only 4km to CBD Underground Car Parks (11plus 2 visitors) Designed by Specialist Architect and LHA Assessor 6 Oversized Units - All High Physical Support Category (4 two bed, 2 one bed +OOA).
15 Burnley Street has been designed from the ground up by a specialist SDA Architect and LHA Assessor. The location and design choice was specifically identified as the ideal market fit, given the current pipeline of supply and lack of independent SDA apartments with high care ratio. The units are designed to cater for High Physical Support, with a separate OOA room providing a 1:6 care ratio for tenants.
We are seeking expressions of interest for the purchase of this property development in the following formats:
• Purchase site with DA and BA approvals in place
• Fund through finance option to realise capital uplift
• Purchase at completion of project