Great Investment or Easy Care Living!
23/2 Grey Box Avenue, Noarlunga Centre
Tastefully decorated in neutral tones and featuring 2 bedrooms with built in robes and a large open plan kitchen dining/ living area. The light filled spacious living area overlooks a balcony great for entertaining or sitting out and relaxing . Modern kitchen with quality appliances, electric cooktop and oven, double sink and loads of storage space. Bathroom is large and luxurious with a huge shower . Apartment includes secure carpark and reverse cycle air conditioning for year round comfort.
Conveniently located close to the Colonnades Shopping Centre, Noarlunga Hospital, public transport (bus & Train), Southern Expressway, schools and Noarlunga TAFE Campus.
This established property is part of the National Rental Affordability Scheme (NRAS) and is rented at $212.00 per week (discounted rent), with an annual tax free grant of $11,192.13 provided to the new owner. There is just under 5 years of remaining grants to the investor.
The current lease expires on 15/10/2018
New NRAS grants are no longer offered so this opportunity doesn't come around too often! Take advantage of additional tax free income worth of government grants. (Fees and charges are applicable so must be taken into consideration when completing due diligence. Estimated costs can be obtained by interested parties.)
What is NRAS?
NRAS (National Rental Affordability Scheme) is a 10 year Government program whereby investors receive an annual indexed grant, which for the 2018/19 year is $11,192.13 p.a in return for offering...