Reduced from $485,000 to $440,000.

This dual occupancy home was completed late 2017 and is tenant-ready. Suits SMSF buyers wanting the annual $22,228 in tax free cash and tax incentives each and every year for the next 8+ years.

Situated 424k’s distance to the Perth CBD this brand new home includes 2 x 8.5 Yr NRAS incentives from Questus.

Geraldton has a resident population of 37,000 people.

Rents (based on rental valuations Feb 2018):

2br market rent $200pw less 20% NRAS disc = $160pw
1br market rent $160pw less 20% NRAS disc = $128pw

Total NRAS rents $288pw + $427pw NRAS value = $715pw or $37,180pa

12-Month property growth as at January 2018 – 20.08% source CoreData

Gross rental yield – approx 8.45%

Weekly expenses including 2 x property management, 1 x insurance, 2 x Questus fees, 1 x council and water rates – $126

Stamp duty payable $15,342

Estimated Annual Cash Positive after all expenses of $17,000+ (based on $82,500 income pa)

Estimated Annual Tax Savings of $28,600 (includes negative gearing and NRAS tax benefits)

Contact Robert on 1300 859 075 for full details on this opportunity.