This 2014 built property is currently leased out under the NRAS (National Rental Affordability Scheme). The NRAS is not a public housing scheme or welfare program, it is a tax free incentive to induce more private investment and has excellent benefits for the investor.
- Your benefits of investing into an NRAS property
- Receive $11,048 per year from the gov’t for seven years
- Return of $560 per week with the incentive, less outgoings
- Higher cash flow than normal while reducing your tax
- An NRAS property equates to an attractive investment
- Stylish gas kitchen, stone benchtops, integrated appliances
- Two generously proportioned bedrooms with built-in robes
- Main bedroom with mirrored built-in robes and modern ensuite
- Main bathroom with tub and separate shower, internal laundry
- Short drive to the train station and Westfield Parramatta
Strata levies $604pq