Glen Iris in the WA City of Bunbury is the approved location for Australia’s last release of land with 2 approved Gov’t Tax Free NRAS Incentives Questus Ltd.

What can investors expect when buying one of these properties that include 2 NRAS incentives?

1. 2 x NRAS Incentives currently valued at $11,048 each (2016-2017) totaling $22,096
2. 2 x sets of tenants with discounted NRAS rents that are indexed annually to CPI
3. Great location 1 hour & 44 mins drive from Perth
4. One of WA’s highest gross rental yields
5. Located in the South West Region of Bunbury with $3.5 billion of major projects currently under construction and a further $3.7 billion committed
6. NRAS term is 8+ years

Suitable for SMSF buyers with min $100,000 deposit/investment:

$100,000 SMSF Minimum Investment earns 20% p.a. during sub-division stage

Construction expected to commence Sep/Oct 2016 and be tenant-ready early to mid 2017

Land sizes remaining from 456 – 571m2

As is traditional with NRAS, this property is very cashflow positive and on a single Green title to keep expenses at a minimum.

Valuation Rents based on June 2016 rental valuations on identical dual occupancy properties with double NRAS in Glen Iris:

3br valuation rent $250 pw
1br valuation rent $210 pw
Total rents = $530pw less 20% NRAS Discount = $424 pw + NRAS value $425 pw = $849 pw!

Pay stamps of $18,345.

Gross Rental Yields from 8.65%

Bunbury is well serviced by road, rail and bus services and is only one and a half hours drive from the state capital of Perth. It has its own small-scale airport and an express passenger train service which runs between Perth and Bunbury daily. The city offers a wide variety of retail shopping, and quality education (with its own university campus), health and sporting facilities.

The City itself is home to approximately 33,075 people, but the population of the Greater Bunbury area, which includes the adjacent urban centres of Australind, Leschenault, Eaton, Gelorup, Dalyellup and Stratham, is an estimated 67,090 people. Bunbury’s port is one of Australia’s biggest regional facilities. It services the export of bulk commodities such as alumina, woodchips and mineral sands.

Current Availability List (Prices includes double garage upgrade option)

Lot 3 $503,311
Lot 4 $503,311
Lot 5 $510,311
Lot 6 $510,311
Lot 7 $508,452 – Allocated to CROWD Funding
Lot 8 $507,311
Lot 9 $504,452
Lot 10 $503,311
Lot 11 $503,311
Lot 12 $504,452
Lot 13 $504,452
Lot 14 $504,452
Lot 15 $504,452

Visit the Empower Housing Group website empowerhousing.com.au for more information on the National Rental Affordability Scheme.

Visit the City of Bunbury’s website for more on the location swdc.wa.gov.au/…

Contact Robert Kirk of Empower Housing Group on 08 6336 7109 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation.

Note: The Director of Empower Housing Group WA is a licensed Real Estate Principal, a licensed Credit Advisor and a Financial Planner ‘ Authorised Representative of Sentinel Private Wealth ‘ AFSL 344762.