A PLACE TO CALL HOME!
- NRAS (NATIONAL RENTAL AFFORDABILITY SCHEME)

*TO BOOK AN INSPECTION – CLICK ON THE VIRTUAL TOUR LINK*

This BRAND NEW one bedroom apartment is perfect place to call home. Comprising of an open plan kitchen & living area, bedroom with built in robes, a modern bathroom, european style laundry and a private balcony/entertaining area. Featuring only the best, including stainless steel
Smeg appliances with dishwasher, gas cooking, plenty of cupboard space in the kitchen, split system heating & cooling, intercom system and one carspace.This apartment is just around the corner from Middle Footscray Station, a short walk to shops and restaurants and has an amazing walk score of 93! Enquire now before you miss out on this perfect apartment!
What is N.R.A.S?
The National Rental Affordability Scheme (‘NRAS’ or ‘the Scheme’) seeks to address the shortage of affordable rental accommodation by offering a National Rental Incentive (the ‘Incentive’) to providers of new rental dwellings. The Incentive is offered on the condition that dwellings are rented to eligible low and moderate income households at a rate at least 20 per cent below market rates. By requiring a reduction on market rent of at least 20 per cent, the Scheme substantially improves dwelling affordability for tenants

The current household income eligibility limits are:
One Adult – $47,289 per year
Two Adults – $65,378 per year
Three Adults – $83,466 per year
Four Adults – $101,555 per year
Sole Parent with one child – $65,423 per year
Sole Parent with two children – $81,108 per year
Sole Parent with three children – $96,793 per year
Couple with one child – $81,063 per year
Couple with two children – $96,748 per year
Couple with three children – $112,433 per year
If you believe you fall under the income limit above you might be eligible to rent this apartment!
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