33 Everglades Street

Phone Enquiry 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.**