No need for a crystal ball, once you do the research and the sums, you’ll be pleased with the financial incentives on offer with this low-set brick home.
Currently tenanted until April 2022.
If the Government National Rental Affordability Scheme (NRAS) isn’t for you, a new owner can exit the NRAS scheme early.
The neat and tidy home is nestled away in a quiet street and within a few minutes stroll to the Pumicestone Village Shopping Centre, coffee shop and primary school.
Features:
~600m2 Corner block with side access
~Room for a caravan
~Open plan lounge/kitchen/dining with air conditioning
~Contemporary kitchen
~Master with ensuite, air-conditioned, walk-in robe
~Solid brick and tile construction
~Covered back patio
~Security screens throughout
~Double Garage with internal access
~Separate laundry room
~Fully fenced yard
~Walk to Pumicestone Primary School & New Shopping Village
~Easy access to the highway &
~40 minutes to the Sunshine Coast beaches and approx 45 minutes to Brisbane City.
The Government National Rental Affordability Scheme (NRAS) Incentive for this property currently Totals $11,248.09 per year which means you will receive these incentives until around 2023 at tax time. The NRAS Expiry date is 24/03/2023.
Add this to a rent return of $290 per week (Approx 80% of market rent ) & you have a rental return totaling around $15,080 + $11,248.09 in incentives = Total $26,000 P/A (approx. $506 per week).
NRAS ANNUAL INCENTIVES
(1) Federal Incentive $8,436.07. – TAX OFFSET
(2) State Incentive $2,812.02 CASH REBATE
(3) Total Incentive 2019-2020 $11,248.09 *EXAMPLE
CONTACT US TODAY FOR MORE INFORMATION
Please note this property is currently tenanted and a minimum of 24 hrs notice is required.
Please phone to book your private inspection.
Proudly Presented by Vicki Ford & Renee Ford at RE/MAX Victory – Find us in Morayfield Rd and Wamuran – Serving the entire Moreton Shire.
*NRAS INFORMATION PROVIDED BY THE AGENT IS GENERAL ONLY & SHOULD ONLY BE USED AS A GUIDE. INDIVIDUALS SHOULD SEEK INDEPENDENT FINANCIAL ADVICE.