5 Nitraria Street, Mickleham, VIC, 3064

For Sale

$1,280,000

392 m²

House

•

30+ days on the market

What's around 5 Nitraria Street

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