6/124 Seventh Avenue, Maylands WA 6051

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.