45/7 Durnin Avenue, BEELIAR WA 6164

This attractive dwelling benefits from a tax-free government "NRAS" subsidy, currently running at $11,124.07 per year (1 May - 30 April) and is set to end on 27 February, 2026. This is on top of the reduced rent of $249.60 per week, making the gross returns of over $450pw truly outstanding. The current lease expires on 18 August, 2022, which saves the trouble and expense of finding a new tenant. The property is set to be cash-flow positive from day 1 of ownership. The apartment is a recently-built, super convenient, 1-bed + study dwelling in the heart of Beeliar Village. Amenities on your doorstep include shopping, dining, parks and recreation. A short drive will connect you to the sand, sea and surf of the many great beaches stretching from Woodman Point to Fremantle. Main features : * 1 Bedroom+1 Study/small bedroom* Bathroom* European Laundry* Stone countertops* Voice intercom * Full wall tiling under kitchen cupboards* 2 tv points and full nbn conncetivity* 6-star energy rating * 30c ceilings* Under cover car bay The property also benefits from proximity to the transport and retail hub of Cockburn Gateway as well as the Kwinana freeway and an excellent train service to the city. The attractions of Fremantle are a mere 15 minutes away. You are not bound by the NRAS scheme, but respecting the current tenancy would mean that ordinarily you would not be able to live in the property until at least 17 August, 2022. For more information including organising an individual inspection, please contact Mark on 0439 487 174.