This property can be sold as vacant possession and with no association with NRAS. However, this NRAS approved, cash flow positive investment, demonstrates exceptional value for money.

Situated in a secure and family orientated enclave of Mount Louisa this 619sqm property is designed for easy-care, while combining a flexible, practical layout placing great emphasis on lifestyle enhanced by uninterrupted Indoor and outdoor living, with easy access leading to an undercover patio and generous backyard for entertaining and relaxation. Thoughtful consideration has also been given to the position of the master bedroom and ensuite, situated to the front of the home. Including an open plan dining and living area, generous sized bedrooms, ample storage and a 2 car remote controlled garage, everything has been considered in this stylish and contemporary design.

For the shrewd investor the advantages are clear. Presently tenanted, with the lease expiring early 2017, money is being made from day one. Built in 2010, there are still 5 more years approximately to capitilise on NRAS incentives. However, the most compelling incentive must be the opportunity to buy this near new contemporary home for much, much less than its purchase price. Home ownership and investing has never been so easy, or so affordable.

Properties with NRAS incentives are considered positive geared properties, meaning you will earn enough money each week to pay back mortgage repayments on the property, no matter what the market is doing and, you don’t have to be in big business to invest in an NRAS approved property. Potential participants in NRAS include everyone from ‘mum and dad’ investors, financial institutions, non-profit organisations, private developers, and community housing providers.

NRAS allows property investors to assist with Australia’s housing shortage. This is achieved by providing an incentive to the investor to reduce the rent by 20% or more. In return the property investor receives a substantial benefit of over $10,000 per annum indexed for 10 years with basic qualifying elements applying, and the Australian Government has no legal or equitable claim over an NRAS property. Whether for an investment or family living, this home offers both.