Stage 2 lots in Maddington Now Available for Sale!

The time is right to buy an investment property in the Perth property market!

These house and land packages each include 1 x Questus NRAS incentive valued at $11,114 per year for the next 8+ years. That’s at least $100,000 in cash and tax credits in addition to negative gearing and tenant rent.

Stamp duty of $5,283 payable on the land. Approved and ready to commence construction as soon as you wish to settle.

There are several lots currently available for sale as at 16th September 2017.

No suitable for SMSF buyers due to 2 contracts.

To buy this home requires either home equity or cash of minimum $50,000. Valuations are available upon request.

What can investors expect when buying this house and land package?

1. 1 x NRAS Incentive currently valued at $11,114 each year (2017-2018)
2. Tenant income – 3br $350pw less 20% NRAS discount = $280pw
3. Great location 30 mins drive from Perth’s CBD
4. High gross rental yield
5. No strata fees
6. Green title (Residential)

As is traditional with properties that include NRAS, this property is cashflow positive.

Expected Returns

Valuation rent $350pw (based on August 2017 NRAS valuation) less 20% NRAS Discount = $280pw

1 x Questus NRAS incentive value $214pw

Total expected income = $494pw or $25,688 p.a!

Approximate operating expenses $110pw inclusive of insurance, council rates, water rates, property management fees and NRAS fees.

Gross Rental Yield is an amazing 5.74%+ per year.

Visit the Empower Housing Group website http://www.empowerhousing.com.au for more information on the National Rental Affordability Scheme or go directly to the Government website https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme.

Contact Robert Kirk of Empower Housing Group WA on 1300 859075 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation