Attention INVESTORS, this property is a great opportunity to invest with an excellent government backed incentive scheme. This dual key apartment (two separate lockable doors to each apartment) has all the requirements for the astute investor.
This dual key property includes;
*Generous one (1) bedroom apartment
*Modern kitchen with stone benchtops
*Spacious living area & dining
*Large balcony with views
*Modern self-contained studio with kitchenette & bathroom
With the National Rental Affordability Scheme (NRAS), this property makes a solid investment. The scheme offers tax-free financial incentives to investors.
Benefits of investing with NRAS:
*An annual tax-free incentive that is indexed over ten years (full term)
*Once a year tax free payment of $11,000 (approx.)
*Reducing tax burden through potential negative gearing benefits
*NRAS TERM EXPIRES IN 5 YEARS (APPROXIMATELY)
Combined dual key apartment is currently leased at $601 a week.
The approximate outgoings are;
Strata levies; $1149.00 per quarter
Council levies; $284.00 per quarter
Water levies; $178 per quarter
Situated in a great location & walking distance to Parramatta CBD, Harris park station, Camelia station, local primary & secondary schools, childcare centres,shopping centre, Rosehill racecourse, hotels, buses and short drive to James Ruse drive and M4 motorway.
This newly renovated and refreshed studio is located on the popular street of Arthur St and within minutes’ walk to all amenities.
The studio apartment features;
-Has just been updated with fresh paint and carpet
-Kitchenette with two electric hot plates and range hood
-Mirror built-in robe
-Plenty of street parking
-Shared laundry in the common area, coin operated machines
-Electricity is included in rent
*** Love this property and want to apply? ***
To apply for this property please click the 'Apply online' button or go to metrorealty.com.au/apply
We highly encourage all rental applications and monitor them like hawks!
*** If you would like to inspect the property ***
If you would like to view the property please SUBMIT AN ENQUIRY with your preferred day and time - you will have more information emailed to you instantly.
Disclaimer: We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should make their own independent inquiries as to the accuracy of the information provided. Photos are indicative only and are of a similar apartment in the building