The rental return coupled with the depreciation schedule on this property will definitely put a smile on any accountants face.
The builder of this home is using it as a display for the next 18 months, with the possibility of 2 years and is prepared to pay you with a 7% return as rental income over that period.
The location of the property ensures capital growth into the future, coupled with a level of tenancy sure to provide the astute investor with financial piece of mind.
The estate, nestled at the foothills of a breathtaking mountain, is home to more than 350 homes, with a maximum of around 750 in total planned. The estate is smart wired with fibre optics and Telstra offers valuable incentives to participate in the 2012 relevant technology.
Included in a body corporate fee of around $40 per week are the following:
24 hour mobile security
Heated secure pool and spa
Tennis Courts
Gymnasium
Sauna
2 Function rooms with catering kitchen
2 very large parks
1 central park with exercise areas and bbq areas scattered throughout
The property is bright, airy and very efficient in design. It encompasses luxury fittings and fixtures including ducted air conditioning, stone benches, a large covered entertaining area and an in ground pool.
The figures are sure to impress – so while opportunity knocks, answer the door!