This is an extremely rare window of opportunity.

This Quad comes with 4 NRAS annual payments for the next 10 years plus CPI. Due for completion in May 2013.

NRAS Disc Rent is $205pw per studio x 80% = $164 x 4 studio’s per Quad x 52wks = $34,112p.a.
Negative Gearing based on $10,000 per year = $48pw per studio
Capital growth based on holding property 10 years = $157pw per studio
Total income $369pw per studio
Less:
Council Rates = $11pw per studio
Loan Repayment = $136pw per studio
(Borrow 100%+ costs @ 5.39% 3-year fixed Interest Only if using a 2nd property to access equity)
NRAS property manager fee 11% per studio $22.55 per week
NRAS annual fees from Questus of 5.5% per NRAS incentive per studio $10.55
Total outgoings $180pw per studio

**Cash-flow Positive!**

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

4 x Questus Incentives of $9,981 each x 10 years = $399,240+CPI

$540,000 Value Today = $799,000 Value in 2023 (4%pa)

**$259,000 Growth**

This new home is the last Quad approved by the Logan Council at the corner of Brabant and Burchill Streets Loganlea.

After this has been sold to an extremely fortunate buyer, there may not be any further approvals by NRAS or the Council for 4 dwellings per title.

Close to all amenities. This single-titled Quad has air-conditioners in all rooms and tenant-ready. Only one Council rate account applies.

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

Carpeted studio apartments with built in robes, air conditioned, telephone and tv points, kitchenettes with bar fridges & microwaves supplied. Ensuites, private outdoor courtyards. Shared laundry with washing machine and dryer provided. Handy to University, Logan Hospital, transport & shopping precincts.

Suits students, retail workers, service workers, pensioners, retired as these studios are 20% below market rent, available to NRAS eligible tenants.

These are 4 bedroom, 2 bathroom houses with each room having its own kitchenette, ensuite, power, aircond etc.

Property is managed by Horizon.

Buyers do not manage the property or select tenants etc.

Call Robert asap on 0403 577 353 for floor plans, site plans, NRAS approval etc.