Block of Units for sale by Synergy Property Specialists in Bundaberg South 4670 QLD
ATTENTION INVESTORS: POSTIVELY GEARED PROPERTY WITH NRASBundaberg South
The NRAS Scheme is about providing affordable housing for people. They are to be rented at 80% of market rate making for more affordable housing. The benefit for the investor is that charging a tenant 80% of market rent you will have minimal vacancy rate. Tax is worked out at the 80% income. The benefit for the investor comes in with the tax free government grants, part federal, part state. Positively geared while under the scheme with the market likely to have increased in value once the scheme has come to an end in 2023.
The owners are looking to move forward on another project so have decided to sell this one to give them the cash to do so.
Your units include:
- Quality brick and colorbond low maintenance construction
- Generous electrical fitout
- Latest appliances throughout
- Quality carpet and tiles
- Full concrete package included
- 3,000 litre rainwater tank per unit
- Fully landscaped
- Air-conditioning to main living
The complex is fully finished and tenanted with long leases.
If this grabbed your attention, give Tim a call today and arrange an inspection.
At a Glance:
Bedrooms: 8 (2 per unit)
Bathrooms: 4 (1 per unit)
Toilets: 4 (1 per unit)
Garages: 4 (1 per unit)
Building Size: 445.01 m (48 squares) approx
Land Size: 1012 m (approx)
Safety switch: Yes
Smoke Alarms: Yes
The information provided is for use as an estimate only and potential purchasers should make their own enquiries to satisfy themselves of any matters.
- No inspections scheduled
- Contact Agent
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