1 / 4 Alexander Avenue, Highfields QLD 4352

Low Maintenance Modern Living Offering to the market a 2 bedroom, 2 bathroom unit! This unit ticks all the boxes for downsizers, first home buyers and astute investors. For investors looking for a great buy that offers some amazing tax incentives, this property could be just what you have been looking for. If you are familiar with the NRAS scheme you will know this property is an excellent investment. FEATURING: - 2 bedrooms with ceiling fans and built in robes - Master bedroom with ensuite and air conditioning - North facing dining area opening on to the covered outdoor entertaining area in the private fenced yard - Tiled living, kitchen and dining area - Modern kitchen with stainless steel electric appliances - Air conditioning and ceiling fans to the main living area - Main bathroom with separate shower, bath and toilet Located just a stroll from public transport and a short drive to the local shopping centre (which hosts Woolworths and many food outlets), schools and a kindergarten. Tenanted until April 2023 with immaculate tenants. 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, or; 3. Collect the rental income for the remainder of the current lease and then move in. Council rates $1,145.21 per half year