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INVEST NOW!!!
Looking a home to move into or an addition to your property investment portfolio with the benefits of (NRAS) as well. Then look no further, this stylish and modern apartment, completed 2013, offers low-maintenance living at a very affordable price.
Positioned on the first floor located at the rear of the complex. It offers an open plan living design with a well-equipped kitchen, a generous sized bedroom with en-suite and built in robes. A separate area for the laundry. It also features a split system R/C air-conditioner, an allocated under cover partking and located in a secure gated group.
Slide open your glass doors from the open plan living area onto the a spacious balcony, perfect for entertaining. The grounds itself require little to no care, Perfect for that lock-up-and-leave lifestyle.
This home offers the complete lifestyle with easy walking to Beaufort Street's local business, ample shopping and public transport. It's also within walking distance to Eighth Avenue's specially shops and café's and a quick ride to the beautiful Swan River.
FEATURES INCLUDE:
* Spacious bedroom with built in robes & fan
* Open plan living
* Spacious Balcony
* Modern flooring
* Secure undercover parking
* Storeroom
* Internal area 50m2
* Balcony - 11m2
* Storage area 4m2
* Carport 14m2
* Council appx $1554.00 p/a
* Water appx $1036.00 p/a
* Strata appx $422.50+$48.75 p/q
For investors - this opportunity includes...
Home currently approved for the NRAS scheme, meaning an owner may benefits from a government subsidy in return for leasing the home below current market rents subject eligibility requirement and NRAS requirements.
HOW DOES NRAS WORK?
Under the National Rental Affordability Scheme, Investors receive a tax-free incentive per annum, currently the 20/21 NRAS year is paying and amount (indexed Annually) for approved dwelling, rented at 20% below current market rent for a 10-year period from when it was activated in 2014.
In certain markets, compared with a traditional property investment the tax free incentive can provide a better return than charging the current market rent on the property.
The property has approx. 3 NRAS years left (finishing on the 18/7/2024.) and for further details please contact Peter Andersen & Peter Wildermoth on 0419299333.
Property features
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Carports
1
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Floor area
50m2
Property snapshot by reiwa.com
This property at 6/124 Seventh Avenue, Maylands is a one bedroom, one bathroom unit sold by PETER ANDERSEN and Peter Wildermoth at Avenue One Property Group on 19 Aug 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Maylands or see other recently sold properties in Maylands.
Nearby schools
Maylands overview
Maylands is a riverside inner-city suburb approximately 4.5 kilometres northeast of Perth, serviced by the Midland railway line on the northern bank of the Swan River. In 1896 the name "Maylands" was first used to identify the area, appearing on a poster advertising a land auction. However the exact reason how the area got its name is something of a mystery.
The suburb was once a source of clay for brick and tile making at Maylands Brickworks, and the pits from these activities are now part of a golf course and residential area. It was home to Perth's main airport until the early 1960s, and the facilities were converted to a training area for the Western Australian Police Service.
Life in Maylands
Maylands is known as a cultural and creative hub as it is home to The West Australian Ballet Centre and home to the WA Youth Jazz Orchestra. In recent years, new bars, cafés and restaurants, along with gourmet food and retail outlets have all contributed to an ongoing transformation of the town centre into a lively, diverse and inclusive destination. There are numerous shopping centres in the area, 15 parks and reserves and two primary schools.
Maylands quick stats
High end
$990k
Median
$760k
Low end
$589k
6.5 %
Annual growth
$760k
Annual median sales price
$650pw
Annual median rental price
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