This is one of the strongest investment opportunities that I have seen for years. New development in Tram Rd
Offers affordable 1-3 bedroom apartments that are subsidised by The National Rental Affordability Scheme (NRAS),
Offering sizeable incentives to investors. With a sought-after location and quality construction, these units will appeal equally to investors and tenants.
Desirable location one block from Westfield Shoppingtown
Brand new, modern construction.
Huge balconies in many units with sweeping mountain/ city views.
Light-filled layouts with large windows.
Multiple floorplans and features – pick the one that is perfect for you.
One bedrooms from $370,000.
Two bedrooms from $410,000.
Three bedrooms from $500,000
The National Rental Affordability Scheme is a Federal and State government incentive which forwards to the property investor – you – the opportunity to increase your rental return as much as 15% to 20% above market over a 10-year period, while allowing the qualifying tenant a 20% reduction of rent. The incentive is tax-free and amounts to $9,140 per annum and increases with CPI. This scheme is highly desirable to both parties and these exclusive apartments will go fast.
Property Code: 56