Attention Investors, a rare opportunity to invest with an excellent Government Backed Incentive Scheme With a government incentive scheme (National Rental Affordability Scheme) this property makes for a solid investment. The scheme offers tax-free financial incentives to investors along with long-term tenants in place. Benefits of investing with NRAS An annual tax-free incentive that is indexed. (nearly 3 years left) Increased income A positive cash flow investment Reducing tax burden through potential negative gearing benefits Tax deductions on interest payments The combined Federal and State Government Incentives payable on an NRAS Approved Property for the full NRAS year ending is approximately $11,192 per year The current owners also have a very attractive Tax Depreciation Schedule of approximately $4,500 per year. Tenant rent per week is $248 (soon increasing to $264) *Government Contributions is $215 per week *Total return is $463 per week (soon to be $479 per week) Plus $4,000 + Tax depreciation bonus (approximately) Government backed incentive to October 2022 The property is situated in a great location, close to Riverway Drive, and just down the road from Woolworths, Service Station, and other specially stores. The home has a lot of street appeal and an inviting entrance into an open plan living space. 4 bedrooms and all with built-in cupboards, carpeted and air conditioned. The good size main bedroom has its own ensuite. The home also has a study as an extra, and 2 car garage with electronic roller door. Reap the benefits of an investment property that has very little chance of being vacant, NRAS properties are always easy let, with vacancy rates being at or almost at zero. This high rent return with this low sell price will help you pay large chunks of the mortgage back to the bank a lot faster. Put the money back into the loan and get way in front of the loan repayments, a very attractive 3 year plan.