Investors, for the first time in Albany there is 1 Triplex package available for immediate sale. It’s a house and land package that will be ready to settle in June 2013.

As an integrated, master-planned community urban planners and environmental experts have ensured that every aspect of the development has been thoroughly considered for the quality of life it brings to our residents and its natural harmony with the surrounding environment.

This includes the location and variety of the homesites and surrounding parklands, the mix of schools, community amenities, recreation and leisure opportunities, public transport and even the placement of shops within the district centre.

Each unit consists of 3 bedrooms and 2 bathrooms and are provided with 3 x $9981 per year NRAS incentives.

Calculations:

Market Rents are $930 per week less 20% NRAS discount = $744.

NRAS Management fees are 3.5% of rents collected = $32.

Property Management fees are 7.7% to 9.9% of rents collected = $71 to $92.

Total net rents = $641 x 52 weeks = $33,332pa.

$9,981 + $9,981 + $9,981 NRAS = $29,943pa.

Negative Gearing Taxation Benefits of around $10,000pa*.

Total income = $73,275pa.

Borrow 100% of purchase price plus land stamps and interest expenses = $890,000 x 5.39% 3-year Westpac/NAB fixed rate = $47,971.

Quantum Housing NRAS fees at 3.5% per NRAS Incentive = $1048pa.

Total expenses = $49,019a.

Cash flow surplus = $24,256pa.

Unit 1 total area = 128m2
Unit 2 total area = 128m2
Unit 3 total area = 132m2

There is only 1 available as at 23 Nov 2012.

Call Robert on 07 3666 0126 24/7 to secure your Perth NRAS Triplex.