147 Hull Road
Starting from AUD $2,100,000
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Starting from AUD $2,100,000
THE PROPERTY
Welcome to 147 Hull Road, a purpose-built SDA investment opportunity in Croydon designed to meet the needs of High Physical Support participants. Combining accessible design, specialised infrastructure and a secure long-term lease structure, the property offers a purpose-driven investment within Melbourne's established eastern suburbs.
THE NEIGHBOURHOOD
TOWN HOUSE
UTILITIES
PURPOSE-BUILT FOR SDA
The residence features three participant bedrooms, each with a private ensuite, alongside a dedicated Onsite Overnight Assistance (OOA) room. Designed to NDIS High Physical Support standards, the property incorporates wheelchair-accessible spaces, reinforced walls, height-adjustable benchtops and provisions for ceiling hoists.
SECURE INCOME STRUCTURE
The investment is offered with a 5+5 year lease, generating approximately AUD $160,000 + GST in annual rental income with a fixed 4% annual CPI increase. The tenant is responsible for outgoings, while the landlord is stated to be exempt from land tax, creating a relatively low-maintenance investment structure.
STRATEGIC CROYDON LOCATION
Positioned close to Mooroolbark Station, Croydon Central and Chirnside Park Shopping Centre, the residence also benefits from nearby parks and everyday amenities. Mooroolbark Station is approximately 1.1 km away, while Charles Allen Reserve is around a five-minute walk.
