43 Station Street, HELIDON
$285,000 - 8.8% return Investors Take Note … I’m A Cash Cow!
- Total Income of $25,086.53 pa! Located in the peaceful and family-friendly town of Helidon, this home is perfect for owner occupiers and investors.
Are you an investor looking for a great buy that offers you some amazing tax incentives? This property could be just what you have been looking for. If you are familiar with the NRAS scheme you will know this property is an excellent investment. This stylish 4-bedroom, 2 bathroom, double lock-up garage home has a great (long term) tenant in place and is kept immaculately neat and tidy. Features include:
Located in Helidon (between Toowoomba and Gatton) and positioned within close proximity to local amenities including supermarket, primary school, RSL club, pub, post office, daycare centre, and sporting grounds. Major local employers include Stanbroke Beef, Southern Queensland Correctional Centre, Withcott Seedlings, Pohlman Nursery, Nolans Transport plus Gatton & Toowoomba are both only 20 minutes away and with the Toowoomba Second Range Crossing soon to open, the new Toowoomba-Wellcamp Airport & Business Park and Toowoomba Enterprise Area (25,000 new jobs to be created) will only be approximately 30 minutes drive by new 4 lane highway. Brisbane is just over an hour. UNBEATABLE RETURNS WITH NRAS INCENTIVES The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved dwelling attracting an annual incentive for 10 years. The two key elements of the Incentive are:
For this property, the key figures are: Leased - $13,894.40p.a ($267.20p/w) NRAS Incentives - $11,192.13pa. (for 2018/2019) TOTAL Income - $25,086.53pa (8.8%) Note. Rent at $267.20p/w is discounted 20% as required by NRAS - Full market value rent is $334p/w. NRAS incentives apply to 4/6/2023. The future path you take with this property is flexible! You can either:
First home owners may wish to consider the opportunity that this property presents as well. The tax benefits, rental income and government incentives may outweigh the prospects from the First Home Owners Grant. Investment packages like this don’t come along very often so if you’re after another one for your portfolio be quick to call the listing agent Brendan Homan for more information on this property and how the NRAS scheme can benefit you. Land size: 640sqm |
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