Located in the new estate of Plantation Palms, this Duplex house and land package is delivered to buyers on a single title.
Each 2 bedroom home has 2 bathrooms with its own garage.
Estimated market rent 2 bedroom $320 pw x 2
Discounted NRAS rent 2 bedroom $256 pw x 2
NRAS Incentive value 2 bedroom $205 pw x 2
Investors can expect $922 pw in rents, tax breaks & cash rebates
Gross Rental Yield 8.51%
Stamp Duty payable on land only
Annual Growth Rate North Mackay 6.42% (Source RP Data 17/3)
10-Year NRAS Value $282,680
This home includes 2 NRAS incentives with an annual value of $21,322 for the next 10 years. Value = $410 pw approx. + CPI
Mackay’s Major Projects include:
>$500m Jilalan Rail Complex Upgrade
>Planned expansion at the Port of Hay Point (Dudgeon Point) $6.8b in potential rail infrastructure for transport of coal to Hay Point
>$405m Mackay Base Hospital redevelopment generating 2790 jobs
>$250m Northern Beaches Central Shopping Centre expansion
>$220m Caneland Central Redevelopment generating 3,500 jobs
>$30m Marian Town Centre
>$200m Evolution Paget Industrial Park
>$148m Forgan Bridge duplication
>$120m Cogeneration Power Plant
>$85m Ethanol Plant
>$11m Mackay Sports Stadium
$1,000 refundable holding deposit required to secure this property today.
Call Robert on 0403 577353 or email rkirk@empowerhousing.com.au for more information. Or, visit the website http://www.empowerhousing.com.au