Located in the new estate of Plantation Palms, this Duplex house and land package can be separately titled when the time is right.

Dwelling 1 – 2 bedroom with 2 bathrooms and single garage

Dwelling 2 – 1 bedroom + media/bedroom with 2 bathrooms and single garage

Valuation market rent 1 & 2 bedroom homes $320 pw x 2

Discounted NRAS rent 2 bedroom $256 pw x 2

NRAS value = $410 pw

Investors can expect $922pw in rents + NRAS tax breaks + NRAS cash rebates = $47,944 pa + negative gearing!

Pay stamp duty on land only $203,000 = $5,948

Gross Rental Yield 8.51%

Annual Growth Rate North Mackay 6.42% (Source RP Data 17/3)

This home includes 2 NRAS incentives with an annual value of $21,322 for the next 10 years – $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