• MODERN HOUSE AS AN INVESTMENT
• 4 BEDROOMS
• MAIN BEDROOM HAS ENSUITE
• OPEN PLAN LIVING SPACES
• COVERED OUTDOOR AREAS
• CORNER BLOCK ON 700 M2
If you’re an investor looking for a set and forget rental return, then this one owner low set brick sitting on a corner block is the one for you.
Rosewood is a Town with a future and well serviced by rail, schools, professional services and retail.
This property was built in 2013 making it only 8 years young and is located in popular Rosewood. They say location is key when investing and I must say there is no better location than here! A quick commute to several local schools, shopping centres and you can take advantage of the rail access which is only a few minutes’ drive away and connects to Ipswich and Brisbane.
Presents with four bedrooms with robes and fans. The master bedroom has its own walk-in robe plus a private and modern ensuite.
Tiled & open plan living spaces are a key feature to the floor plan and the essential air-conditioning.
The kitchen is very well appointed with plenty of storage space, a breakfast bar and dishwasher.
Double remote lock up garage with internal access for added security plus private covered outdoor entertainment area and secure well fenced yard.
Currently rented as part of the National Rental Affordability Scheme (NRAS) this home has been a constant source of rebates, tax benefits and bonuses for the current owners.
If this property was rented through our agency your expected weekly rent would be around $410 – $430 per week.
With so much on offer and so much potential to discuss, contacting the agent is a must.
To arrange an inspection or for more details please email the listing agent Helene Shephard at First National Action Realty Ipswich today.
THE CURRENT TENANTS ARE ON A FIXED LEASE UNTIL 01/10/22
This means you, as the buyer, need to honour the lease agreement with the tenants and NRAS.
You have options to be released from the scheme in alignment with the tenant’s lease end date and engage a commercial rate with tenants.
ABOUT THE SCHEME
What is the National Rental Affordability Scheme?
The National Rental Affordability Scheme (NRAS) is a long-term commitment by the Australian Government to investors prepared to build affordable rental housing.
NRAS seeks to address the shortage of affordable rental housing by offering tax-free financial incentives to the business sector and community organizations to build and rent dwellings to low- and moderate-income households at below-market rates for 10 years. It aims to:
• increase the supply of new affordable rental housing;
• reduce rental costs for low to moderate income households; and
• Encourage large-scale investment and innovative management of affordable housing.
How does NRAS work?
NRAS provides a substantial annual tax-free incentive, called the NRAS Incentive, to the business sector and community organizations who build and rent dwellings to low and moderate income households at a rate that is a least 20 per cent below the prevailing market rate.
The annual income-tax free Incentive is currently $9,981 per dwelling, and is indexed each year to the rental component of the CPI.
The Incentive comprises:
• AN Australian Government contribution of $7,486 per dwelling per year (paid as a refundable tax offset or payment); and
• A State or Territory Government contribution of $2,495 per dwelling per year (in direct or in-kind financial support).
Who benefits from the Scheme?
NRAS aims to provide affordable rental housing for low to moderate households. Eligible individuals and families are able to rent NRAS dwellings at a discounted rate, making their rental housing more affordable.
NRAS is intended as a tax-free commercial investment option for participants while also increasing the supply of affordable housing in Australia. Investors in the Scheme may benefit from enhanced cash returns, annual rental incentive and reduced vacancy rates over the 10-year life of NRAS.
Who is eligible to participate in NRAS?
Potential participants in NRAS include financial institutions, investors, private developers, not-for-profit organizations and community housing providers who may build, own, finance or manage NRAS dwelling.
DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.