AN EXCITING OPPORTUNITY FOR ONE LUCKY BUYER:
1. 3 bed plus 2 bed dual = total 5 beds – these are no longer approved for construction by Ipswich Council – so this is a RARE opportunity
2. NRAS Tenant already in place – already producing income
3. Income Security from NRAS Scheme
4. Great property for Investment, First Homes Buyer or Live in one side and
rent the other side – contribute to your mortgage
5. Still brand new – receive full depreciation incentives – indicative Year 1 $18,000

Look no further …. This home is just 4 weeks old and already has the NRAS tenant in place. Situated in fast growing suburb of Ipswich where continued growth fuels the housing demand. Still included in the Top 10 Investment Locations in the Sunshine State of Qld, ensuring long term demand for employment and housing – this will be a good solid investment performer for you.
Constructed in new modern boutique sized housing estate named “Essington Rise ” this modern brick home comprises two separate dwellings. Yes, why settle for one income when you can have two? Two completely separate leases with two totally independent tenants creates strong cash flow return. Big bonus is Dwelling 2 is allocated under the Federal and State Gov’t Affordable Rent Scheme (NRAS) with a rental contract in place for 10 YEARS! – now that is added security – PLUS the guaranteed payment annually from both the Federal and State Gov’t of an amount of approx. $11,500 for this current year. (Please request additional information regarding the NRAS Scheme and the documentation relating to this). The big bonus is that this payment is also very Tax affective for you – another added security for you!
This Opportunity:
Land: Lot 54 – 63 Essington Rise, Leichardt – Size 480m2
Dwellings: 228 square meters – Already constructed so avoid the hassle of building, you can see exactly what your are buying . Constructed by AusHomes, notable builder in this location, you will appreciate the level of quality in finish, colour schemes, fixtures and fittings (refer Inclusions and request full list of Specifications).
Dwelling 1. 3 beds, 2 baths, 1 car 134.5m2
Estimated Rental Return for this dwelling: $295 per week (currently being tenanted by Walkers Ipswich)
Dwelling 2: 2 beds, 1 bath, 1 car 93.5m2
Rental Agreement in place NRAS tenant: arrangement is tenant pays 25% less rental per week direct to your bank account plus annually you receive over $11,000 in Tax free Income from the Federal and State Govt. ( ask for documents)
TOTAL POTENTIAL INCOME RETURN: $555 per week
Location: so close to all amenities for a comfortable and convenient lifestyle – yet away from the hassle and bustle in quiet cul de sac location. Ipswich has great shopping, great education facilities plus Uni, many recreational parks and gardens, sporting activities galore! Close to Toowoomba for the country life – and close to Brisbane for the buzz of city life!
Fast train connection via Springfield, makes travel to Brisbane quick and easy – 35 mins approx. travel time.

Request additional information as we have all documents relating to the initial construction of this property.
Please note that this design of 5 beds in total (3 plus 2) are no longer allowable under the current Ipswich Planning Scheme – this product will be rare, enhancing investment potential and re sale value .
Inspection by appointment only.

FOR SALE: $479,000

Kaye Tilley 0418 823 046