Do you want 8.4%* return on your investment?
The owner has made it very clear, although sad to see such a fantastic opportunity go, he needs to sell before Christmas.
With 7 years left to run on the national rental affordability scheme, this larger than normal high set townhouse could be your next investment to add to your growing portfolio.
This modern townhouse features:
- 3 bedrooms the master with a spacious en-suite
- Great kitchen with
- Air conditioning
- Security screens,
- Fans throughout
- Beautiful front balcony and rear patio
- Gas hot water
Your tenants will live a life of luxury with the onsite undercover entertainment areas, sparkling swimming pool and even a gym. This is a gated community so it's safe and secure for your tenant's piece of mind.
Why buy an NRAS property?
The National Rental Affordability Scheme (NRAS) is a long term commitment by the Australian Government to investors prepared to build affordable rental housing.
NRAS seeks to address the shortage of affordable rental housing by offering financial incentives to the persons or entities to build and rent dwellings to low and moderate income households at below-market rates for 10 years. It aims to:
- Increase the supply of new affordable rental housing
- Reduce rental costs for low to moderate income households
- Encourage large-scale investment and innovative management of affordable housing
NRAS provides a substantial annual incentive per dwelling to approved participants who build and rent approved dwellings at a rate that is a least 20 per cent below the market value rent, to low and moderate income households.***
There are real benefits involved with buying an NRAS property and with low Body Corp fees of $64 p/w this is a great property and will not last long, for more information call Amanda Pearce on 0405 331 350 today before you miss out.
* Based on Gross yield
** Some photos may only be indicative
*** Information sourced from Australian Government website.