Only 8 years old and tenanted by the original tenants, this property will make a solid investment to either add to or start your property portfolio.
As an owner of a property in the National Rental Affordability Scheme, there are some great government incentives.
The annual financial incentive is currently $11,248.09 per dwelling, and is indexed annually to the rental component of the CPI. The incentive has 2 parts:
• the Australian Government contribution of $8,436.07 per year for 10 years as a refundable tax offset, or a cash payment for charitable institutions
• the Queensland Government contribution of $2,812.02 per year for 10 years as a cash payment for dwellings in Queensland.
The property
- Three bedrooms, all with air-conditioning, ceiling fans and built in robes
- Two bathrooms, the main features a shower over the bath while the ensuite has a standalone shower
- Central kitchen separates the two living areas
- Double lockup garage
- 700sqm block with side access and no rear neighbours
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