INVESTMENT PROPERTY - Well below replacement cost and good returns

This well positioned property in River Parks Estate is one of the newer developed areas of Kelso .With existing tenants and solid investment returns; this property is a great opportunity for first time investors. With the NRAS Scheme attached to this property, the benefits of this property speak for themselves.


This is a motivated seller and offers will be considered.

Benefits of investing with NRAS
•An annual tax-free incentive that is indexed over ten years (or remainder of scheme)
•Increased income
•A positive cash flow investment
•Reducing tax burden through potential negative gearing benefits
•Tax deductions on interest payments
•Investors may exit the scheme at any time without incurring exit penalties
•The property can be sold with remaining NRAS incentive to another investor
•The property can be sold without the NRAS

The property
• Modern rendered masonry three bedroom home.

• Master with ensuite
• Built in robes to all rooms

• Air-conditioned.

• Great Open plan living with a modern colour scheme
• Double Lock Up Garage
• Outdoor Alfresco area
• This home was built in 2012 and has current tenants with the NRAS scheme in place.