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Investment Powerhouse - Offering 5.2% Net ReturnProperty ID 1366549PRICE DRASTICALLY REDUCED - NRAS opportunity
Welcome to the Atrium a boutique townhouse development that offers a prime position with easy access to beautiful beaches, close proximity to a large selection of the best private schools, The University, public transport, shopping and employment opportunities.
Unit 172 in the Atrium is a cosy, comfortable and convenient urban townhouse in a resort style master-planned integrated community. Offering a lifestyle to envy without the hefty price tag, an executive escape, a very affordable entry into this prestigious postcode, offering a versatile layout and vogue living that is positioned for profit and offers spacious living with clean lines, designed for maximum comfort. The up down design is a benchmark in contemporary and functional apartment living.
This four bedroom townhouse is part of the NRAS (National Rental Affordability Scheme) agreement.
NRAS is a Government program designed to stimulate investment in the rental property market through tax-free incentives. Its goal: To address the nationwide housing shortage by increasing the supply of affordable rental housing across Australia.
How will NRAS incentives work for me as an Investor?
The Scheme offers financial incentives to businesses, community organisations and private investors who build and rent dwellings for low and moderate income households at 20 percent (or more) below the market rent rate. These incentives, which are available for ten years for each dwelling, comprise two key elements:
A Commonwealth Government incentive at the commencement of the Scheme of $6,000 per dwelling, per year, as a refundable tax offset or payment; and A State or Territory Government incentive at the commencement of the Scheme of $2,000 per dwelling, per year, in direct or in kind financial support. Both incentives are indexed annually on 1 May to CPI (average for eight capital cities). The combined incentive payment is currently $10,661 (NRAS 2014/15).
Residents of Atrium have full access to all of Atrium's facilities including one of 4 pools, four barbecue and reception areas, and 24-hour onsite management and security services. Each of The Atrium's units offers a relaxed urban lifestyle that is enhanced by a tranquil 7 hectares of Eucalypts nature reserve.
The kitchens and bathrooms are modern, spacious and include stainless steel appliances. Featuring large open plan living areas that open out to the alfresco outdoor dining areas with your very own private courtyard and secure gate access, ensuite off the master bedroom and personal walk-in wardrobe, air conditioning and dishwashers are standard as is the secure double lock-up garage with remote control access.
Simply the Atrium offers a prime position with easy access to beautiful beaches, close proximity to a large selection of the best private schools, The University, public transport, shopping and employment opportunities.
Essential Elements include the close proximity to Sippy Downs, fast becoming and earmarked to be one of the Sunshine Coast's Major Activity Centres. This year will see the construction of a major commercial, retail shopping centre and residential area right opposite the Atrium site. The exciting bustle of the Sippy Downs town centre will give Atrium residents an opportunity to live in a location close to a major shopping and retail complex and still have access to the motorway and highly desirable Buderim lifestyle.
However time is ticking and our interstate owner needs this property sold, there will never be a greater opportunity to secure a more functional townhouse in a more desirable location for a price that is well below the original purchase price!
The time is now as construction soon begins for the new Coles shopping centre, Youi Insurance and new Sippy Downs town centre which are all only a minutes walk away.
Take advantage of the zero vacancy rates and high rental returns that this complex boasts and invest today before prices rise beyond your reach, or simply move in and enjoy this property today.