33 Everglades Street, Lyndhurst, VIC
24 Photos

24 Photos
+20
For Sale
$1,550,000
3
3
3
–
house
Contact
buymyplace on +61 488 842 044
Find out rates and fees
Enquire price information
* Make an offer only available on sales listings
For Sale
$1,550,000
3
3
3
–
house
Contact
buymyplace on +61 488 842 044
Find out rates and fees
Enquire price information
* Make an offer only available on sales listings
FOR SALE | LAND TAX EXEMPT SDA INVESTMENT WITH UPSIDE
Property ID: 232572
**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 second tenant is secured: $189,482/year ($3,643 per week)
Projected Gross Yield: **12.22%**
Alternatively buy after 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.**
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 second tenant is secured: $189,482/year ($3,643 per week)
Projected Gross Yield: **12.22%**
Alternatively buy after 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.**
Features
Outdoor features
Swimming pool
Garage
Balcony
Outdoor area
Indoor features
Balcony
Ensuite
Dishwasher
Built-in robes
Air conditioning
Heating
Climate control & energy
High energy efficiency
Email enquiry to buymyplace
For real estate agents
Please note that you are in breach of Privacy Laws and the Terms and Conditions of Usage of our site, if you contact a buymyplace Vendor with the intention to solicit business i.e. You cannot contact any of our advertisers other than with the intention to purchase their property. If you contact an advertiser with any other purposes, you are also in breach of The SPAM and Privacy Act where you are "Soliciting business from online information produced for another intended purpose". If you believe you have a buyer for our vendor, we kindly request that you direct your buyer to the buymyplace.com.au website or refer them through buymyplace.com.au by calling 1300 003 726. Please note, our vendors are aware that they do not need to, nor should they, sign any real estate agent contracts in the promise that they will be introduced to a buyer. (Terms & Conditions).






