The National Rental Affordability Scheme (NRAS) is a Federal Government scheme designed to encourage investment in new residential property. Eligible investors are paid $9,140 (tax-free) every year for 10 years, indexed to CPI.
Benefits to the investor include:
o Long-term capital growth
o Up to $105,000 tax-free government incentive
o Full Negative Gearing and Depreciation benefits
o Five-year building indemnity insurance
o Landlord insurance for the first year
o Professional property management
o Six star energy rated property built by an ASX listed builder
* Subject to investor meeting Federal Government criteria
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