NRAS House and Land
The Federal Government’s National Rental Affordability Scheme was launched in 2008 and is supported by all Australian States.
It provides generous tax free incentives to encourage investment in 50,000 "affordable" rental properties in urban and regional growth areas with strong rental demand.
Just 7 NRAS properties still available: ACT NOW
NAHC Model (25% discount) - With Ipswich City expected to top 1 million residents within 20years, it’s obvious that opportunity exists for investors to capitalise on that growth. Here’s your chance to participate with a contribution much lower than your superannuation.
7 NRAS Townhouses 3 bedroom from $334,000 to $336,000 rental from $320 to $330 p/w
Buildings completed just waiting for you to buy NOW.
There are several flavours of NRAS.
- The properties we offer are aimed squarely at investors and typical investment tenancies.
- Tenants receive a discount of 20% to 25% off normal market rentals and are selected based on usual tenancy criteria - subject to broad income limits (up to $100,000 plus).
- The emphasis is long term rentals of 6 to 12 months and on middle income professionals such as police, teachers, nurses, public servants and tradespersons.
- We expect NRAS properties will attract superior tenants - who will treat their NRAS status like gold.
- Investors receive a generous annual tax free NRAS incentive for 10 years - indexed to the Rental component of the CPI.
- The incentive commenced in 2008-09 at $8,000 in total, and has increased each year, in line with the rental component of the CPI, to $9,981 for the 2012-13 NRAS year (May 1st to April 30th)
- Approved NRAS properties typically range in price from $300,000 to $500,000, depending on location. This means most investors, after allowing for the rental discount, will improve their net (after tax) cash flow by more than $5,000 per annum (indexed) for ten years. This is a huge benefit to investors!
- The benefits of NRAS have taken some time to be truly understood by by the industry - developers, investors, agents, advisers, valuers,and lenders - but with the major banks supporting NRAS it is really taking off.
Tenants waiting for you to buy.
Call Now Barry Ison or Jane Peng: 0413 666 298
