7B France Street, Mandurah, WA 6210

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For sale

$285,000 to $325,000

NEST OR NRAS INVEST

Raine & Horne Canningtonnras are happy to welcome you to 7 B France Street in Lovely Mandurah!!

This well maintained property has loads to offer including a rental return that investors dream about.

*(Contact agent for more detail about NRAS)

This private and secure unit has been immaculately maintained and presents almost like new. Boasting a light and bright open living space and a contemporary living area.

Title throughout the entire living area for easy care ,A kitchen with stone bench tops, ample storage, gas cook top, electric oven and dishwasher, Plus for outdoor entertaining a large paved court yard area provides a perfect setting.

Centrally located close by to every convenience including; the Forum shopping centre, cafes/restaurants, transport, schools, medical, waterways and more.

A lock and leave gem that makes for the perfect starter home, holiday getaway or low maintenance investment.

Stand-out Features Include:

- It’s a 3 bedroom, 2 bathroom floor plan

- Fresh and bright open living

- Stone bench-tops to kitchen.

- Paved outdoor entertaining area

- Spit System air conditioning.

- Double garage & Shopper entrance

- No strata fees.to

- Convenient location, close to every amenity

- Low Maintenance.

Currently THIS PROPERTY HAS GREAT TENANTS that would love to stay.

(NRAS) National Rental Affordability Scheme currently returns to investor a TAX FREE incentive of $11124 . This often provides investors a better return that most similar to like properties.

The National Rental Affordability Scheme is an Australian Government commitment to invest in affordable rental housing. The scheme addresses the shortage of affordable rental housing by offering tax free financial incentives to investors, so that the dwellings can be rented out to low and moderate – income households at below current market rates for a period of 10 years.

HOW DOES NRAS WORK?

Under the National Rental Affordability Scheme, Investors receive a tax-free incentive per annum, ( A REFUNDABLE TAX Off Set) currently the 20/21 NRAS year is paying $ $11,248.09 (indexed Annually) for each approved dwelling, rented at 20% below current market rent for a 10-year period from when it was activated. *Conditions Apply.

In certain markets, compared with a traditional property investment the tax free incentive can provide a better cash return than charging the current market rent on the property.

Currently this property will return for the 20/21 year as gross of $23.188

To appreciate this property you have to be view it in order to full understand the potential of the property.


Please contact the agent to arrange a private viewing on 0414 934 693 or email [email protected]

Disclaimer:

This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

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Property Info:
  • Property ID: L12146562
  • Property Type: House
  • Building / Floor Area: 113 sqm
  • Garages: 2
  • Open Parking: 2
  • Land Area: 269.0 sqm
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R&H Suburb Profile: Mandurah

R&H Suburb Summary Houses
Number of sales 182
Average Price $353,575
Median Price $292,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) 0 %
R&H Suburb Summary Units
Number of sales 232
Average Price $407,326
Median Price $306,000
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 7 %
Mandurah, WA - Median Trend
$292,000