Return on Investment Boost with New NRAS Properties
Nambour, Qld
![Aspland st stage 2 townhouses[1]](http://www.qldpropertyinvestment.com/wp-content/uploads/2009/10/Aspland-st-stage-2-townhouses12-300x149.jpg "Aspland st stage 2 townhouses[1]")
Up until now, investment property with NRAS (National Rental Affordability Scheme) certification on the Sunshine Coast has been virtually unheard of due to the high cost of land – however that is set to change with the release of a new townhouse site in Nambour.
Just a few minutes walk from the CBD, ‘Vista Estate’ is the latest offering from Sea Vista Developments –a company renowned for building great quality homes at an affordable price.
Under the Government backed NRAS (National Rental Affordability Scheme), investors are now able to claim almost $9000 per annum tax free on eligible properties for 10 years – even better, the tax free incentive is indexed so will increase over time (8.4 % increase last year alone)
18 brand new townhouses are due to be released shortly with NRAS certificates (approval pending), and are expected to sell out very quickly – Selling at $364,900 these spacious 3 bed duplex style townhouses are only a few minutes walk form the CBD and will rent for $350 – $360 per week.
Under the NRAS scheme the investor reduces the weekly rent by 25% however the tax free incentive more than makes up the difference – In fact these townhouses will return close to $23,000 Gross with $8672 of that being tax free & will effectively run cash flow positive in year one!
NRAS allocation is strictly limited so if you would like to know more about how you can purchase one of these super investment properties in Nambour act now!
Set in an idyllic location with forest backdrop, boardwalk and creek with bridge over, these townhouse style homes offer all of the modern conveniences that you would expect from a much more expensive home.
The Sunshine Coasts railway towns are hotly tipped for future growth and Nambour, with its easy access to schools, transport links and Hospital makes a perfect choice for those looking for affordability, ease of living and assured future growth for investors.
Call David Hedley-Ward or Russell Dell today to reserve your property
David Hedley–Ward 0406 011 123
Russell Dell 0400 409 000
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