5/9 Gladstone Road, Armadale, WA 6112

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Sold for $210,000 (May 06, 2020)

Great Investment Returns!!!

Now is the time to buy……………

This fantastic NRAS investment opportunity has become available with a huge price reduction.

You can buy this NRAS Approved 3 bedroom 2 bathroom unit for well under replacement costs………..…… Its a bargain and priced too sell.

Tenanted at $206 pw plus the extra NRAS incentive per year could makes this investment cash flow positive.

If you are looking for a quality property that is superbly located in a small quiet complex with a great tenant, close to all major services in a growing community then look no further. Whether it is simply to invest for today and prepare to down size later in life or an immediate home to live now.

This well-maintained, low maintenance 3-bedroom, 2-bathroom Double remote Garage property has a list of features that you would expect in a modern home in this area.

FOR THE INVESTOR LOOKING FOR THE EDGE IN PROPERTY INVESTMENT – This property has a combined grossed rental income of Approx, $415 per week.

NRAS APPROVED and would pay an investor’s an extra $11,248.09 19/20 TAX FREE.

This property takes all the pain out of buying an investment property, with a long-term tenant well established and wanting to stay.

So, what is NRAS! – It is the National Rental Affordability Scheme.

Effectively, the Federal and State government provides investors a refundable tax offset incentive.

Currently (NRAS) approved properties are paying investor $11,248.09pa For the 19/20 – this figure is indexed to CPI.

With a great tenant willing to stay, this property is a great buy, and with these uncertain times ahead having an extra income is a plus.

To find out more about what NRAS is (The National Rental Affordability Scheme) and what it could potential do for you please contact me on my mobile 0414 934 693 or e-mail me at [email protected]

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Property Info:
  • Property ID: L867223
  • Property Type: Unit
  • Garages: 2
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R&H Suburb Profile: Armadale

R&H Suburb Summary Houses
Number of sales 185
Average Price $237,946
Median Price $239,000
Median Rental Price $290 p.w.
Change in Rental Rate (5yr) -9 %
R&H Suburb Summary Units
Number of sales 42
Average Price $172,702
Median Price $174,000
Median Rental Price $260 p.w.
Change in Rental Rate (5yr) -13 %
Armadale, WA - Median Trend