Under Contract!
Investors… reduce your taxable incomes through negative gearing. Strata-titling Valued at $6,900 + gst to significantly improve the value of these 2 homes has now been included in the purchase price by developer!
Use your Combined Supers of minimum $167,000 to buy. Incomes need to be a combined minimum of $200,000 per year.
These 2 Split Living Homes each come with 1 x NRAS annual payment for the next 10 years plus CPI. Due for completion in March 2013.
NRAS Disc Rent is estimated to be $217pw for the 3br and $203pw for the 2br – Total combined weekly rent after NRAS and Property Manager = $420
Negative Gearing based on $10,000 per year = $192pw
Capital growth based on holding property 10 years = $677pw
Total income $1,289pw
Less:
Council Rates = $44pw
Loan Repayment = $590pw
(Borrow 100% of $569,900 @ 5.39% 3 year fixed Interest Only rate based on Westpac product and assumes using a 2nd property to access equity)
Total outgoings $634pw
**Cash-flow Positive!**
In addition to the positive cash-flow from negative gearing, you’ll also receive:
2 x AMC NRAS Incentives of $9,981 each totalling $19,962 + CPI payable to you each and every year for the next 10 years
$559,900 Value Today – $912,000 Value in 2022 **$352,000 Growth**
Close to all amenities, is air-conditioned and sold as tenant-ready.
153.5m2 main residence – 100.0m2 secondary residence living areas.
More on NRAS Property For Sale visit http://www.nrasforsale.com.au
Call today for over-the-phone loan indicative approvals on 07 3666 0126 24/7.