Double rental return for the first 2 years. NRAS Tax incentive scheme in place for the first 2 years then the rental return on the property will rise to meet the market.
This lovely 2-bedroom apartment is situated in Richmond Street close to everything, being a short walk to the Northside Plaza Shopping centre, schools, government agencies and all amenities.
Designed for maximum utility and comfort, this low maintenance unit, features built- ins in the bed rooms, generous kitchen, combined dining/lounge area, single LUG with ample storage areas built in plus a rain water tank in the semi covered courtyard.
The unit is registered under the NRAS scheme, which was implemented to increase the supply of new affordable rental housing, while reducing rental costs for low to moderate income households. The scheme provides considerable tax incentive for the owner for a specified period.
This excellent property is only listed to finalise a SMSF for the owners.
Call Peter Kernke on 0408 347 677 for further information.
Open house viewing only
|R&H Suburb Summary||Houses|
|Number of sales||175|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||35 %|
|R&H Suburb Summary||Units|
|Number of sales||28|
|Median Rental Price||$300 p.w.|
|Change in Rental Rate (5yr)||18 %|