Currently a NRAS Investment Property, however it can removed from the scheme.
Affordable Investment Property through the National Rental Affordability Scheme (NRAS), or remove it from the scheme and have it as your own home or private rental.
What is NRAS?
The Australian Government provides the owner with a refundable income tax free, tax offset certificate. The 2018-19 tax offset certificate is $8,394.10 (the offset certificate is indexed linked to the rental component of the Consumer Price Index).
This, plus the existing taxation depreciation measures makes this investment a sure winner.
Nirvana Van Lang is strategically positioned within walking distance to the light rail, located in the heart of Harrison and close to the thriving town centre of Gungahlin. Take your pick of restaurants, coffee shops, schools, and open parklands.
NRAS properties are low-cost housing funded through the Commonwealth Government’s National Rental Affordability Scheme. Under the scheme, the properties cannot be owner occupied, they may only be rented to those who meet the NRAS Eligibility Requirements, therefore applicants will be required to provide evidence of income and confirm that they are eligible. This is an investor-based initiative to help working Australians on moderate incomes, to enjoy quality rental accommodation.
This property is currently rented at the maximum rental of $332 per week.
For more information on the NRAS scheme please contact Kellie O'Connor on 0499 350 757.
**Not interested in continuing in the NRAS Scheme then you can remove the property from the scheme and enjoy the benefits it has to offer yourself.**
- Two Story - Two Bedroom - Bathroom & powder on the lower level - Build in wardrobes - Ensuite on the upper level - Electric wall heating - Gas hot water system - Provision for air conditioning systems - Kitchen appliances - Covered carport - Fully fenced - Garden shed - Courtyard - Floor and window coverings - Immaculate condition
Inspections will be by private viewing only. NRAS term and conditions apply, however can be removed from the scheme. Agents interest disclosed.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.