Opportunity to Purchase the Full Complex or Individual Units!
These neat and tidy units in a small complex of three are waiting for their next owner/s! Whether you are downsizing, a first home buyer or an astute investor, this property ticks all the boxes.
Conveniently located in a quiet cul-de-sac just moments from the University of Southern Queensland in the growing suburb of Darling Heights these units are sure to impress….
There is the opportunity to purchase the whole complex or buy the units individually as these are strata titled!!
EACH UNIT FEATURES: – 2 built in bedrooms with ceiling fans – Open plan living area – Tiled floors to living areas, kitchen and bathroom – Air conditioning – Well appointed kitchen with stainless steel appliances – Electric cooktop and oven – Additional ceiling fan in the lounge room – Modern bathroom with separate bath and shower – Private courtyard
All of this while being located only 800m to the University of Southern Queensland.
Council rates – $1,145.21 net per half year Body corporate fees – $550 per quarter
UNBEATABLE RETURNS WITH NRAS INCENTIVES The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved dwelling attracting an annual incentive for 10 years. The two key elements of the Incentive are: – A Commonwealth Government Incentive currently of $8,343.05 per dwelling per year as a refundable tax offset or payment; and – A State or Territory Government Incentive currently of $2,781.02 per dwelling per year in direct or in-kind financial support.
The future path you take with this property is flexible! You can either: 1. Continue with NRAS and reap the benefits for the remaining NRAS term with the reassurance of a solid rental income; 2. Remove it from the scheme and rent it through the standard rental market once the current lease expires - Each unit current rental appraisal $320 - $340 per week.
