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5 Nova Street, Mount Low

INVESTORS WANTED -NOW $319,000

4 Bed | 2 Bath | 2 Car
With a government incentive scheme (National Rental Affordability Scheme) this property makes for a solid investment. The scheme offers tax-free financial incentives to investors along with long-term tenants in place.

Benefits of investing with NRAS
An annual tax-free incentive that is indexed over ten years
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

Rents Component Weighted average of eight capital cities 2.0% increase in 2014-15
Current NRAS Year
Yea Contributed Amount
2014/2015
Australian Federal Government Contribution $7,996.00
State Contribution $2,665.00
Total $10,661.00

The property
Modern rendered masonry four bedroom home. Master with ensuite. All rooms with built in robes.
Fully air-conditioned. Open plan kitchen and dining with separate lounge. This home was built in 2011 and has current tenants with the NRAS scheme in place.

MARKET RENT $395,000
REBATE $ 99.00
NRAS RENT $296.00
4 Bed | 2 Bath | 2 Car

INVESTORS WANTED -NOW $319,000

With a government incentive scheme (National Rental Affordability Scheme) this property makes for a solid investment. The scheme offers tax-free financial incentives to investors along with long-term tenants in place.

Benefits of investing with NRAS
An annual tax-free incentive that is indexed over ten years
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

Rents Component Weighted average of eight capital cities 2.0% increase in 2014-15
Current NRAS Year
Yea Contributed Amount
2014/2015
Australian Federal Government Contribution $7,996.00
State Contribution $2,665.00
Total $10,661.00

The property
Modern rendered masonry four bedroom home. Master with ensuite. All rooms with built in robes.
Fully air-conditioned. Open plan kitchen and dining with separate lounge. This home was built in 2011 and has current tenants with the NRAS scheme in place.

MARKET RENT $395,000
REBATE $ 99.00
NRAS RENT $296.00

Location

5 Nova Street

Mount Low

For Sale

$319,000

Property Type

House

Land Size

540m2

Property Features

Air Conditioning

Open Times

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Agents

Natalie Marr 0438 891 129

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