Currently leased at **$94,744 per year** - LAND TAX EXEMPT PROPERTY
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About this property
Phone Enquiry ID: 232572 Currently leased at **$1,822 per week ($94,744 per year)**, this high-performing asset benefits from **land tax exemption**, 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 ($195,728)**. Key benefits include: Immediate rental income uplift upon second tenancy Potential capital growth of approximately $400,000 when second tenant is secured. 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.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 3
- Parking
- 3
- Listed
- 3 months ago
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Neighbourhood
Living in Lyndhurst
This 3-bedroom house in Lyndhurst, VIC 3975 sits within reach of public transport, local shops and nearby schools.
Schools near Lyndhurst
- Lyndhurst Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Marriott Waters SC (bus) — 241 m away
- The Cupcake Desire — 273 m away
- Unnamed — 365 m away
- Unnamed — 640 m away
- Marriott Waters Recreation Reserve — 682 m away
Lyndhurst at a glance
Full suburb profile- Population
- 8,926
- Median age
- 33
- Household income
- $2,446/wk
- Median rent
- $430/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Lyndhurst price trend
Median sold · House 3 bed
Compound growth +2.2% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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