This duplex represents a rare opportunity to purchase a modern positively geared property. It is currently NRAS (National Rental Assistance Scheme) approved with a fixed rental return that is adjusted to CPI and healthy annual government rebates, making both properties a very attractive investment proposition and well and truly cash flow positive over 12 months.
A modern duplex that is only a few years young, offering great depreciation benefits for the investor. Good tenants are in place until July 2018.
If you are an owner, no problem, you can still purchase these and move in at the end of the lease and exit the NRAS scheme.
The property is 2-storey featuring:
Upstairs:
* 3 bedrooms, all with built-ins and fans, master with walk-through robe
* 2 bathrooms including ensuite to master
* Study nook
Downstairs:
* Fully tiled living and dining areas with air conditioning opening to the outdoor entertaining and yard area
* Modern open plan kitchen complete with stone benchtops, dishwasher and ceramic cooktop
* Powder room providing a 3rd toilet
* Covered outdoor area overlooking the fully fenced back yard…plenty of room for the kids or pets
* Auto double lock up garage
* Room for additional off street parking
Council Rates: approx $1,680 per unit per year
Water Rates: approx $1,300 per unit per year (depending on water consumption)
Located within minutes to parks and bus transport, close to the M1, Nerang town centre, shops, public transport and local schools. A short drive will also have you at Metricon Stadium and the Commonwealth Games precinct and a 15 minute drive will have you at Robina Town Centre.
Definitely worth putting on the inspection list…call for more details on the NRAS scheme.