604/16 Aspinall Street, Nundah QLD 4012 AUS

Property Details

Sold $310,000


Features at a glance:

• Spacious 2 bedrooms, 1 bathroom, 1 car accommodation
• 7.1% Net yield!
• Modern kitchen with island bench and a gas cooktop
• Spacious private balcony which embraces the Breezes
• Open plan living
• 100m walk to Toombul Shopping Complex
• Complex includes a media room and BBQ area for all the residences
• Ducted Air-conditioning throughout
• NRAS investment opportunity available finishing in November 2024
• Major Tax benefits including refundable offsets exceeding $10,000 per annum
• Guaranteed rental returns through the government
• More information about NRAS below

What’s it like to enjoy a true lifestyle?

Live the life of a local resident and enjoy a typical weekend being a new owner of this chic apartment in the heart of Nundah Village.

8.00am: Wake up, sun is shining, roll over in bed and take in the beautiful breezes.

9.30am: Walk 25m to Goodlife Health Club for your daily workout, then walk back home to cool off and get ready for your daily Coffee

10.30am: Walk across the road to grab a coffee from the best tasting coffee you will ever have at The Power Station Co and head back home to get ready for lunch.

12.00pm: Decide where to go for lunch because the choices are endless: Could it be The Coffee Club, Sushi Edo, Pizzalunga Da Carlo, Burger Urge, Café 63, Noodle Box and the list goes on.

1.00pm: Walk underneath the Subway line at Station street and walk across to the Toombul Shopping complex and catch a movie at one of the well renown Event Cinemas.

3.00pm: After watching a movie, pick out an outfit from Toombul shops ready to meet your friends for dinks later on.

5.30pm: Make a quick trip to Coles or Woolworths to pick up some essentials and take them home to cook up a storm.

8.30pm: Enjoy a few drinks The Royal or Fitz & Potts, then walk home.

10.30pm: What a day! Exhausted you roll into bed ready to do it all again tomorrow!

What is the Investment Opportunity?

What is NRAS and what are the benefits?

1. Why become an NRAS approved participant?
NRAS provides a substantial annual incentive per dwelling to approved participants who build and rent approved dwellings at a rate that is a least 20 per cent below the market value rent, to low and moderate-income households.

2. What is the annual NRAS incentive?
The NRAS incentive is an annual amount, indexed annually provided to approved participants for each approved dwelling which complies with the conditions of the allocation of incentive for the dwelling. The incentive comprises:
• An Australian Government contribution per dwelling per year for up to 10 years as either a tax offset or cash (for endorsed charitable organisations who have not made an election to receive a tax offset).
• State and Territory Governments may offer approved participants a contribution per dwelling per year as direct payment or payment in-kind.

3. What are the commercial benefits of investing in NRAS?
NRAS is intended as a commercial investment option for approved participants while also increasing the supply of affordable rental housing in Australia.
Investors in the scheme may benefit from the annual incentive for up to 10 years as well as through rental yields and potential capital gains.

For more information on the NRAS benefits please call Michael on 0423 342 707.
This apartment is centrally located to everything, a true lifestyle choice.
Call Michael Bacon to inspect today!

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Features
  • Apartment
  • 2 bed
  • 1 bath
  • 1 Parking Spaces
  • Garage

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