House for Sale
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High Yield and Secure TenancyProperty ID 1662343This 5 year old National Rental Affordability Scheme (NRAS) terrace 2 bedroom unit has a model tenant in place since new who is happy to stay on for many more years.
• 2 Bedroom with BIR
• Internal laundry
• Air conditioning
• Stainless appliances
• Open plan living
• Private courtyard
The owner can sell the property with the remainder of the NRAS incentive term (to be transferred to the new owner). The financial incentive, payable either as a grant or refundable tax offset, is paid annually for up to 10 years. Compared with a conventional residential investment property, in certain markets the NRAS Incentive can provide a better cash return to investors than the receipt of full market rent, WITH AN ADDITIONAL LUMP SUM PAYMENT OF $11,000 ONTOP OF YOUR RENT IT EQUALS APPROX $430 PER WEEK!!!!!!!!. The owner may consider selling without the Scheme, but what investor would turn down a substantial annual tax-free incentive!
Strata: $1255 per annum
Rates: $1662 per annum
Ideally located opposite the heart of Mountview Estate parkland you can't go wrong. This prime location, close to all amenities is only a short drive to Redbank Plains Town Square Shopping Centre, Orion Shopping Centre and Springfield University. Woolworths has purchased a 2.5-hectare site on School Road. The site has been earmarked for a major neighbourhood centre to include a supermarket as well as food and specialty stores.
Springfield Central Railway Station is only a short drive and with a new railway station set to come to Redbank Plains in the future and more infrastructure coming your way, you can't go wrong!
Call Jade today on 0425 209 790 for more information on the NRAS incentive or to make an appointment.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.