First National Real Estate Compass

Ground Floor Unit
One of four apartments on offer all having street frontage and NRAS approval..
Located within minutes of the Mandurah inner-city precinct. This modern unit offers the astute home buyer an ideal way to get into the property market or if you're an investor it's an attractive investment property with the NRAS TAX FREE incentives transferable to an investor at settlement.
• For investors the Current  - Gross Rent is $15,964 + Gross NRAS TAX FREE incentive $12,463.23 = $28,427.23 Gross Rent averaged out = $546.67 p/w


The features included with this ground-floor unit are:
•  NRAS Approval (For Investors)
•  2 good-sized carpeted bedrooms 
•  Built-in wardrobes 
•  Well-appointed Kitchen 
•  Stainless steel appliances 
•  Functional open-plan design
•  Tiled flooring in the main living area.
•  Large gated courtyard for external living and entertaining.
•  Second gated Courtyard / Plus a lockable storage room 4m x 2m 
•  Laundry room with linen storage.
•  Wall-mounted Split System Air 
•  Single-car bay for parking


NRAS
For Investors, the NRAS - National Rental Affordability Scheme provides investors with attractive financial incentives and is transferable to the new investor ( Only if they choose to continue NRAS) Investors have the option with no penalty if they choose not to continue with NRAS.
Currently, investors receive a TAX-FREE incentive of $12,463.23 per annum (indexed annually)  
For more information About NRAS please email me and I will send you a breakdown of the current income structure and relevant NRAS information.

• Currently  - Gross Rent is $15,964 = Gross NRAS incentive $12,463.23 = $28,427.23 Gross Rent averaged out = $546.67 p/w
• Please note that the NRAS incentive will end on the 30th of July 2025

FROM 20 SERVICE STREET TO:
•  ALDI Shopping Centre - 600M
•  Mandurah Primary School - 950M
•  Mandurah Forum Shopping Centre - 1.2km
•  Mandurah Bowling, Tennis Football, Netball Approx - 1.4 Km
•  Mandurah Strain and Bus Station 1.6Km
•  Main Foreshore parks, Restaurants, Pub, and Cafes - 1.6Km to 1.8km
•  Atrium Hotel Mandurah - 1.8km 
•  John Tonkin College (High School) - 2.1km
•  Mandurah Performing Arts Centre - 2.5Km
•  Town Beach -  2.7Km
•  Bunnings Mandurah -  2.9Km
•  Mandurah Marina - 3 km
•  Peel Health Campus -  3.9km
•  Mandurah Country Club (Golf) - 4.6Km
•  Halls Head - 6Km
•  Rockingham - 33Km
•  Perth International Airport 75.9 Km

Please email for further details  will.trainer@fncompass.com.au

Investment Dream or First Home Buyer

The property would suit an owner-occupier, FIFO, or Investor.
With rent now sitting between $580 to $620 p/w investors need to have a serious look at this.

The property has been freshly painted through and sits within a boutique group of 10 apartments with street frontage.
This classy upper-level apartment offers security, lifestyle and convenience.
The beautifully finished timber floors and freshly painted property boast a practical & well-proportioned living area. The area is spacious with its open-plan kitchen, and dining-lounge area, that opens out to your own large private balcony that misses all the mid-afternoon sun. 
The kitchen has ample cabinetry to keep the cook happy, dishwasher to save time & quality cooking appliances. 

The location is perfect for that fast-paced lock-and-leave lifestyle with retail, shops, schools and parks all close by.

For serious shoppers, Belmont Forum is located a 3-minute drive, and with the airport and CBD close by, this property is the perfect pad for CBD & FIFO workers. Other attractions include the Swan River, Optus Stadium, Crown Entertainment & convenient access to Graham Farmer Freeway.

Ensuring its longevity, the construction is finished to a high standard and offers the following quality features ( but not limited to ) :
•  Spacious bedrooms, each with full-height sliding built-in robes.
•  Master bedroom has its own ensuite.
•  Large second bathroom with toilet, shower and laundry area
•  Split system air-conditioners
•  Generous kitchen cabinetry with stone benches
•  Dishwasher
•  Intercom & security gate to the complex
•  Store room,
•  Undercover, dedicated car bay
•  Vacate and ready to move in.
•  Some floor plans are available to view.

• • • Approx distance to services in the area • • • 
•  350m walk to the bus stop
•  150m from lively Peet Park.
•  2 km to Belmont Shopping Centre & Cinemas,
•  2.3 km Carlisle Train station
•  3 km Victoria Park Train station.
•  3 km Swan River Foreshore 
•  3 km to Crown Casino & Burswood precinct.
•  3 km Graham Farmer Freeway.
•  3 km Leach Highway
•  3.5 km to Optus Stadium. 
•  5.5 km Tokin Highway 
•  6 km Perth domestic & international airports.
•  7.3 Km to Perth CBD

This property will be ready to view from Friday the 10th of February.

First National Real Estate Compass

First National Real Estate Compass Agents

Property Manager

Will Trainer

Cheryl Fraser

Raine & Horne Cannington NRAS

Tim Will trainer

Reachelle Mago

Andrew Chant

Carmel Vichos

Nadine Deesee

Tim Chant

Raine & Horne Cannington NRAS

Agency Statistics

8

Total Properties Sold

Properties Sold

Median Property Price

18

Total Properties Leased

Properties Leased

Total Available Listings

20

Listings

2

Listings

Agency Listings