44 Waterfern Drive Caboolture QLD 4510
Duplex Pair Investment44 Waterfern Drive, Caboolture
NRAS approved properties are "managed" by Government appointed real estates. My NRAS properties are cash positive property investments and are in their 5th year of their 10 year Government lease.
I have two 3 bedroom duplexes on the one corner site in Caboolture, these little beauties have worked a treat for us.
With underground water tanks.
Financed correctly, the income from the rent earned plus the guaranteed refund tax credit from the government of over $10,000 per property PER YEAR, PLUS allowing for property depreciation, actually returns additional POSITIVE net income versus mortgage repayments. Not to mention you don't pay hardly any tax to the tax man due to a "withholding variation application" you apply for through the ATO. This means you save money again.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.
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Real Estate For Sale in Caboolture, QLD 4510 priced between $430,000 and $810,000