33 Everglades Street Lyndhurst VIC 3975

Phone enquiries - please call 1300 594 794 and quote property ID 39099.

**Secure Now at $1,550,000 | Current Return 6.11% | Upside to 12.22% Rental Yield**

A rare opportunity to acquire a purpose-built Specialist Disability Accommodation (SDA) investment with immediate income and significant upside.

Currently leased at **$1,822 per week**, this high-performing asset delivers a **6.11% gross yield** and benefits from **land tax exemption** (subject to eligibility), making it an attractive addition to any investment portfolio.

Purpose designed for **two NDIS-approved participants**, the dwelling presents a compelling value-add opportunity. Upon securing the second participant, projected rental income increases to **$3,764 per week**, with the property expected to command **$1,880,000**, representing substantial uplift in both yield and asset value.

**Investment Highlights**
Current Asking Price: **$1,550,000**
Current Rental Income: $94,741 ($1,822 per week)
Current Gross Yield: **6.11%**
When a second tenant is secured: $189,482/year ($3,643 per week)
Projected Gross Yield: **12.22%**

Alternatively, buy after the second tenant is secured

Sale Price will increase to: **$1,880,000**
Projected Rental Income: $189,482/year ($3,643 per week)
Projected Gross Yield: **10.07%**

**Why This Opportunity Stands Out**
Secure the property today at current pricing and benefit from clear near-term upside through second participant placement.

Key benefits include:
Immediate rental income uplift upon second tenancy
Potential capital growth of approximately $400,000
SDA income supported by NDIS pricing framework
Dual-participant design effectively doubles revenue potential within enrolled dwelling limits
Land tax exempt investment structure

**Prime Marriott Waters Location**
Positioned just **350 metres (approx. 5-minute walk)** to Marriott Waters Shopping Centre, offering:

Woolworths and Aldi
Medical centres and pharmacies
Restaurants and cafés

**Exclusive Resort-Style Living – Club Marriott Access**
Residents enjoy access to premium lifestyle amenities including:

Indoor heated pool
Fully equipped gymnasium
Function room
Outdoor recreation spaces and children’s facilities

**Exceptional Community Connectivity**
Surrounded by parks, bike paths and sporting facilities
Close to hospitals, allied health and specialist care providers
Quiet, secure and highly sought-after residential setting

This is more than a property purchase — it is a strategic SDA investment with immediate income, government-backed revenue fundamentals and a defined pathway to materially higher returns.

**Buy now at $1,550,000 before second tenancy activation and projected repricing to $1,880,000.**

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.