4 Bedroom Townhouse - Move in or Continue with the NRAS investment

172/8 Starling Street, Buderim, 4556

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495,000 AUDEst. Mortgage: AUD 3,478/monthFor Sale
  • Ownership Type House
  • Property Area 0 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Swimming Pool - Inground
  • Garage: 2
  • Secure Parking
  • Air Conditioning

Property Overview

Currently rented through NRAS (National Rental Affordability Scheme) offering a healthy cash flow return on your investment with an annual cash bonus contributed from both State & Federal Governments totalling a whopping $11,270.59 of either a lump sum cash payment or equivelant tax offset on your personal income.

If you wish to move into the property yourself, NRAS can be easily removed by paying $265 for each year remaining ($265 x 2 = $530) and wait for the current lease to expire (01/07/2021).

Unit 172 of The Atrium in Buderim is ideally situated within walking distance to the pool, bbq area & the large kids playground.

Consisting of four generous sized bedrooms, two bathrooms + a downstairs powder room. Also on offer is an upstairs study area, perfect working from home or the kids homework desk. The main living area is situated downstairs and flows seamlessly onto your very own outdoor alfresco area with a private courtyard that's completely fenced and ideal for small pets.

Upstairs is comprised of four bedrooms including a main bathroom and the ensuite via the master suite. A floor plan that works for the whole family, all the amenities you could want at your fingertips and an array of boutique shops across the road, what more could you ask for?


Key property features:

- Rented with NRAS: Total $11,270.59 annual lump sum from State/Federal Governments
- 2 years left with NRAS (Was a 10 year agreement)
- Leased until 01/07/2021 @ $328.24 (75% of market value: NRAS)
- Want to move in? Pay $530 to remove NRAS & wait for the lease to expire
- Downstairs living with direct access onto alfresco living
- Powder room + toilet for downstairs
- Upstairs seperate living area, perfect for a study
- Four bedrooms with main bathroom + ensuite
- Master bedroom: Walk in robe
- Electric DLUG with internal access
- Air Conditioning: Downstairs living & Master bedroom

Location on Google Map

172/8 Starling Street, Buderim, 4556

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