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5 Nitraria Street

Mickleham VIC 3064

4
4
2
392 m²
House
Currently for sale - view listing

Overview

High-End SDA Property with Tenant in Place | Melbourne Northern Suburbs

Just completed and first tenant already in place! This premium Specialist Disability Accommodation (SDA) property in Melbourne’s Northern suburbs welcomed its first tenant at settlement, instantly generating approximately $65,000 per annum from the initial participant. The property offers excellent income potential: Full occupancy with a 3-participant setup could generate around $195,000 p.a. Alternatively, a 2-participant setup could deliver approximately $175,800 p.a. SDA provider fees are 15% inclusive of GST, ensuring professional management and compliance. Featuring high-end finishes and fire sprinklers, this property is located in a high-demand area, making it a sought-after asset for investors focused on quality and steady returns. Call Agent Asle Kommedal at 0457405729

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
392 m² lot size
House

Property history for 5 Nitraria Street

2024
Sold
$415,000
Private Sale/Treaty on 29 Nov 2024 by Sumit Kishore, of SKREALTORS Real Estate

Happy sellers in Mickleham

90%
90% of sellers in Mickleham reported that their sale price either exceeded or met their price expectations.

Mickleham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 247 reviews in Mickleham over the last 12 months.

Local market activity for 4 bedroom houses in Mickleham

In the last 12 months, 544 four-bedroom houses similar to 5 Nitraria Street, have been sold.

This represents a 14% decrease in four-bedroom houses sales when compared to the previous 12 months.

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