Outstanding NRAS Investment Opportunity

Set in an ultra convenient location within easy reach of a large range of great local amenities this well presented unit is an ideal investment opportunity.

Currently rented via the National Rental Affordability Scheme (NRAS) for $244 per week until Nov 22 this property provides a stable return with added tax benefits including an incentive payment each year.

Very well presented throughout this lovely unit features:

• 2 bedrooms with builtins – main with a generous ensuite
• Large open plan living area with reverse cycle air con
• Well appointed kitchen with good bench and cupboard space and electric appliances
• Builtin study nook
• Private rear courtyard with a covered rear patio
• FTTN NBN available

As this property is rented via NRAS the rent paid by the tenant is at least 20% below the market value rent for the property. In exchange for renting the property at a lower rate the owner of an approved NRAS property receives an incentive payment each year. For the 2020 / 2021 year that payment was $11,270.59.

This payment is a Refundable tax offset and is deemed as tax free income! So you not only have a secure tenant in place but also the bonus of a bonus tax-free payment at the end of each financial year!

Contact Alan Reilly today to arrange your inspection of this ideal investment property!