This is a unit in 5/S062860 Mandurah WA. Data from comparable sales value it at about $205,000. Constructed in 2013, with 2 bedrooms and 1 bathroom.
CASH FLOW POSITIVE INVESTMENT PROPERTY WITH THE GOVERNMENTS $100,000 TAX FREE INCENTIVE The National Rental Affordability Scheme (NRAS) is a government backed incentive program targeted exclusively at residential property investors to encourage investment in new rental properties. NRAS was launched by the Government to limit the affordability effects of WA's looming housing shortage through an incentive to bring new homes to market quickly, and in high rental demand areas.As an established development company with land holdings in Perth's key growth areas, Yaran Property Group were selected as the premier supplier of NRAS investment properties in Western Australia.Based on the combination of tax refunds from negative gearing PLUS additional NRAS incentive payments, these brand new properties can have a positive cash flow meaning they may not cost you a cent to holdbut rather earn you tax free money every year.NRAS FEATURES:- The NRAS incentive is tax free (currently $9,981 per year) and paid annually over 10 years to the investor. It is linked to Rental CPI and set to increase each year. At the end of the 10 years The NRAS totals to over $115,000 (assuming a CPI growth of 4.2%).- Positioned for negative gearing and positive cash flow- Government legislated- Benefit from the National housing shortage and high rental demandTENANT FEATURES:- Rent is discounted by 20% which results in huge rental demand for NRAS properties and provides opportunity to cherry pick the best tenants.- Wide range of amenities close at hand.- Walking distance to local parks and reserves.- Easy access to major arterial highways, freeways and train stations- Choice of many primary and secondary schools nearby.INVESTOR PROPERTY HIGHLIGHTS:All NRAS properties are Full Turn Key meaning the price includes everything ready for the tenant to move in.- Granite kitchen and bathroom benchtops.- Premium quality lacquered cupboards to kitchen and bathroom.- Modern stainless steel appliances throughout including stove top, oven and rangehood.- 6 Star Energy Rating- Low maintenance materials used throughout including:- Ceramic floor tiles to living areas.- Low maintenance native landscaping.- Split System Reverse Cycle Air Conditioner.HUGE COMPELLING REASONS TO INVEST COUPLED WITH LIMITED AVAILABILITY. THIS OFFER WON'T LAST!CALL NOW TO SECURE YOUR INVESTMENT!Additional feature/s - Close to Schools.