SoldMar 11, 2019

1/26 Venetian Way, Coomera, QLD, 4209

Amount undisclosed

3
2
1

DuplexSemiDetached

•

30+ days on the market

Sold: Mar 11, 2019

What's around 1/26 Venetian Way

MAKE AN OFFER! no body corporate fees!

This is a stand out opportunity.7-8%+ return! Rental Income $27,130 Year. This modern two storey duplex is well maintained and close to everything in Coomera. Walking distance to Coomera Rivers State School, public transport and just short few minutes' drive to the new Coomera Westfield shopping centre, Train Station and M1 motorway. NO body corporate fees! There are 3 bedrooms with ceiling fans, a king size master with ensuite and open plan kitchen and dining area that flows out to a covered outdoor entertaining area and a large yard that's fully fenced. This amazing investment is currently a part of the National Rental Affordability Scheme (NRAS). The NRAS investment property offers significant tax benefits and government incentives that are a refundable tax offset. The current 2017/2018 NRAS year incentives are approximately $11,114.33 paid for the year on top of your rental income. Features include: * 3 Bedrooms * Master bedroom with ensuite, walk-in robe and air-conditioning * Stainless steel appliances * Ceiling fans throughout * Large Outdoor entertaining area * Fully fenced backyard with side entrance * Separate laundry * Single lock up garage * Water tank * Great long term tenant in place * Rental Income $27,130 Year* * Council rates $1474 per year * NO BODY CORPORATE FEES Other Taxation Benefits A significant tax benefit of an Approved NRAS Property is that the Government Incentives are a refundable tax offset (RTO) and non-assessable non-exempt income (NANE), which means the income is TAX FREE. All property investments enable the investor the ability to deduct associated costs with managing their property, including but not limited to property management fees, insurances, rates, interest costs, as well as specific tax benefits such as depreciation. For more information, contact Anna Tang on 0468 734 939 today! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

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