128 Crosby Street, Zuccoli NT 0832

NDIS SDA High Physical Support co-living | 8% gross yield fully tenanted | Zuccoli master-planned estate | Immediate income from day one This property presents a rare buying opportunity in Darwin’s rental market because it is purpose-built to NDIS SDA High Physical Support standards, a configuration that commands premium rent and long-term lease stability. The four self-contained suites with private ensuites and kitchenettes, combined with platinum-level accessibility, mean the house is not competing with standard family homes-it competes in a specialised, undersupplied segment. For a buyer seeking immediate cash flow without renovation or tenant-finding risk, the fully leased status and 8% gross yield are compelling, especially given Palmerston’s population growth and limited SDA stock. This suits an investor comfortable with NDIS tenancy frameworks, not an owner-occupier. The primary risk is liquidity: selling a specialised co-living property may take longer than a standard house if the NDIS tenant cycle changes or policy shifts. The SP1 zoning and easement for electricity supply add minor encumbrances but are unlikely to affect current use. The opportunity lies in the yield premium-comparable standard houses in Zuccoli yield closer to 5-6%-so the buyer is paid well for the specialisation. Hold this property as a long-term income asset; its value is in the lease, not the land, and refinancing after stabilisation could release equity for further SDA acquisitions.