A great opportunity is on offer to purchase an investment unit approved under the National Rental Affordability Scheme (NRAS).

This property comprises of 8 modern units in total and they are positioned in a convenient and central location right near the town CBD.

The fully self contained unit features:
- One bedroom
- One bathroom
- Open plan living area with a small kitchen
- Small laundry area inside the unit
- Good sized balcony
- Allocated car parking (1 space)

There is a long term tenant in place, currently paying $164 per week (Discounted NRAS rental rate) which will be increased by 2.7% in June 2014.

The annual income-tax free incentive is currently $10,350 per dwelling and is indexed annually to the rental component of the CPI. *See link below for more information.

http://www.hpw.qld.gov.au/Housing/PartnershipInitiatives/NationalRentalAffordabilityScheme/Pages/InformationForInvestors.aspx

If you would like more information on this unit please contact Peter Kinchin today on 0418 736 424.