ATTENTION INVESTORS, A RARE OPPORTUNITY TO INVEST WITH A BRILLIANT GOVERNMENT BACKED INCENTIVE SCHEME
With a government incentive scheme (National Rental Affordability Scheme) this property makes for a solid investment. The scheme offers tax-free financial incentives to investors along with long-term tenants in place.
Benefits of investing with NRAS
An annual tax-free incentive that is indexed over ten years (about 5 years left)
Increased income
A positive cash flow investment
Reducing tax burden through potential negative gearing benefits
Tax deductions on interest payments
The combined Federal and State Government Incentives payable on an NRAS Approved Property for the full NRAS year ending
April 2017 IS $11,114.00
Tenant Rent Amount:
$262 per week.
Combined Govt. Contribution:
$213 per week.
Total Rent return:
$475 per week.
Less Management Fees.
Government backed incentive ends 2022
The property is situated in a great location. A very modern and upcoming suburb in Townsville's north side. The home has a lot of street appeal and an inviting entrance into an open plan living space. 4 bedrooms and all with built-in cupboards, carpeted and air conditioned. The good size main bedroom has its own ensuite. The home also has a study as an extra and 2 car garage with a roller door.
Reap the benefits of an investment property that has very little chance of being vacant for a periods of time, NRAS properties are always easy let, with vacancy rates being at or almost at zero. This high rent return with this low sell price will help you pay large chunks of the mortgage back to the bank a lot faster. Put the money back into the loan and get way out in front of the loan repayments, a very attractive 5 year plan.
