A limited number of these newly designed homes are allocated to the Placid Waters Estate in the Perth suburb of Coodanup Mandurah.

Situated just 3.5kms from Centro Mandurah (Mandurah’s main shopping precinct) and 75kms from Perth with quick and easy access to the Freeway, Placid Waters is the perfect place for tenants.

These are house and land packages with stamp duty payable only on land. Not suitable for SMSF buyers.

The 3 bedroom dwelling has 1 bathroom and a double car garage with its own power meter.

The 1 bedroom dwelling is fully self-contained with 1 bathroom, its own power meter and a car bay.

Expected market rents:

3br $360pw
1br $200pw

NRAS discounted rents:

3br $288pw + $200pw NRAS
1br $160pw + $200pw NRAS

House price $310,000
Land price $149,000

No Strata Fees & No Body Corp

Expenses including Council Rates, Water Rates, NRAS Admin, Property Management and Insurances $121pw

Annual Capital Growth for Coodanup is 9.65% source: RP Data

Gross Rental Return 9.58%

Many reservations have been received in the past 2-3 months. Balance of these will be released commencing 17th to the 23rd Feb when reservations have been reconfirmed.

**Am now accepting reservations from interested buyers for Dual NRAS in all suburbs of Perth.

Please call Robert on 0403 577353 or Bris 07 3666 0126 or Perth 08 6336 7109 for more information. Reservation forms can be downloaded from this listing page and scanned back to rkirk@empowerhousing.com.au.

These are exclusive to Empower Housing Group. More allocations are available to buyers wishing to have NRAS on their own land. Min size must be 450m2 and min frontage must be at least 15mrs. Subject to Council approval. Conditions apply ie must use Celebration Homes as the approved NRAS builder together with the approved NRAS house design.

Visit the web http://www.empowerhousing.com.au for more information on Empower Housing Group. Financing is available.