This property has 4 NRAS incentives with a total annual value of $41,400 in addition to 4 rental incomes plus negative gearing tax benefits.
There are 2 Dual Occupancy properties approved for this 1001m2 subdividable block. It has two 3-br dwellings and two 1-br dwellings.
Make your money going into the sale! $100,000 and more in instant profit when the properties are completed and land subdivided. Allow $6-7,000 to strata title when ready. WA have no infrastructure charges.
Glen Iris in Bunbury WA is a 2-hour drive from Perth.
Watch the Video Presentation on Bunbury Projects and more! http://www.swdc.wa.gov.au/annual-reports/annual-report-2013/our-region.aspx?alttemplate=show-movie&id=3094
Available for immediate reservation, land is titled and will be tenant-ready by the end of June 2014.
Is very cashflow positive. Stamp Duty is $9,205.
3br rent $350pw & 1br rent $200pw = $550pw less 20% NRAS = $440 + $400pw NRAS = $840pw per Dual Occupancy x 2 = $1,680pw.
Due to the size of the land, this block can be subdivided into 2 x 500.5m2 lots.
The port city of Bunbury is the third largest city in Western Australia after the state capital, Perth, and Mandurah.
It is situated 175 k’s south of Perth’s central business district (CBD).
The port services the farming, mining and timber industries of the south west originally connected via an extensive rail network.
The local government of the City of Bunbury has a population of 32,499.
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. The port also handles a range of other general cargo imports and exports.
Click here to download the current pdf of projects in Bunbury http://www.empowerhousing.com.au/pdf/Projectsupdate_dec2013Bunbury.pdf
Visit the website http://www.empowerhousing.com.au/glen-iris-6230/1154 for more information on this opportunity.
$1,000 refundable holding deposit reserves this multiple-NRAS property today.
Call Robert on 0403 577 353 to discuss this further and secure yours today before its taken.
rkirk@empowerhousing.com.au
http://www.empowerhousing.com.au