Located just around the corner from Caboolture hospital, this property offers a keen investor the security most properties can not. The superbly designed and constructed building will give you the assurance that your purchase will have guaranteed to growth with Caboolture the new hot spot for property.

The apartment is a part of the National Rental Affordability Scheme (NRAS) which means the property is available for rent at 20% below the market rate to allow the average income earner an affordable option of living. In return you receive great tax and cash incentives. With 7 years left on the scheme this property is the perfect investment for you.

Fast Facts

Rent: $192.50 PLUS $200 (approximate) NRAS INCENTIVE – $392.50 P/W (equivalent)
Body Corporate only $57 per week!

Internal and balcony/courtyard sizes
Total – 77m2 (Balcony 8m2, Internal 69m2)

Annual NRAS Compliance fees
NRAS Administration Fee to NAHC [Currently $63.93 per calendar month plus GST]

Rates per quarter Unit 37 $378.85

Who is the NRAS Approved Participant?
Queensland Affordable Housing Consortium Ltd (ABN 30 132 604 552) of 368 Montague Rd
South Brisbane Qld 4101

Is the NRAS agreement a Head Lease or Non-Entity Joint Venture Agreement?
Head Lease.

Lease in place until 27 November 2017

Great NRAS investment
Close to shops & highway
Walk to hospital
Walk to Caboolture SHS
Renting at $392.50 per week (NRAS)
Body corp $57.00 per week