Under Contract 23/2 – Last one with 2 x NRAS payments!

Investors… reduce your taxable incomes through negative gearing, 2 x ATO RTO’s valued at $15,000pa & 2 x Cash Payments valued at $5,000pa.

This home is also SMSF Approved!

This to be constructed Duplex comes with 2 optional NRAS annual payments for the next 10 years plus CPI. Due for completion in June/July 2013.

NRAS Disc Rent is estimated to be $259pw for the 3br and $203pw for the 2br – Total combined rent after 20% NRAS discount and Property Manager has taken their 10% fee = $462pw
Negative Gearing based on $10,000 per year = $192pw
Capital growth based on holding property 10 years = $712pw
Total incomes and values = $1,366pw

Less:

Council Rates = $44pw
Loan Repayment = $630pw
(Borrow 100% of $599,000 and Land Stamps of $8,000 and $1,200 in Legals @ 5.39% 3 year fixed Interest Only rate based on Westpac product and assumes using a 2nd property to access equity)
NRAS Manager Fees (Affordable Management Corporation) = $33pw
Total outgoings = $707pw

**Cash-flow Positive by $659pw!**

In addition to the positive cash-flow from negative gearing, you’ll also receive:

2 x AMC Incentives of $9,981 each totalling $19,962+ CPI payable to you each and every year for the next 10 years.

$599,000 Value Today = $980,000 Value in 2023 **$381,000 Increase in Value**

This new home is the only one currently available in the Estate that comes with 2 x NRAS Incentives.

Be quick to secure your duplex located in Brisbane’s Number 1 growth suburb for the past 5 years!

Windaroo Outlook is superbly positioned within 35 minutes of the Brisbane CBD and the famous beaches of the Gold Coast and is also situated within close proximity to Windaroo Lakes Golf Course, Windaroo Valley High School and Windaroo Primary with Beenleigh Market Place less than 5km away.

This highly sought after development boasts a 9,000 square metre manicured parkland as its centrepiece, includes over 8 hectares of pristine natural reserve and is comprised of generously sized easy-level homesites and architecturally inspired homes.

Close to all amenities. This Duplex is air-conditioned and sold as tenant-ready.

254.4m2 combined living area

Call today for over-the-phone loan indicative approvals on 07 3666 0126 24/7.

$2,000 deposit holds this last SMSF Approved property. Duplex approvals have been received. Settlement can occur immediately. Building commences in 6 weeks from land settlement.

More on NRAS Property For Sale visit http://www.nrasforsale.com.au

http://www.nrasforsale.com.au/pdf/windaroolocation.pdf

http://www.nrasforsale.com.au/pdf/INTENTIONTOPURCHASENRAS.doc

http://www.nrasforsale.com.au/pdf/BROCHURELOT36THEACACIA1.pdf

http://www.nrasforsale.com.au/pdf/Lot36siting.pdf