47 Station Street HELIDON
Best offer above $310,000
Investors Take Note .... I'm a Cash Cow.
Total Income of $25,642.47pa.
Located in the peaceful and family-friendly town of Helidon, this home is perfect for owner-occupiers and investors.
Are you an investor looking for a great buy that offers special tax incentives? This property could be just what you have been looking for. If you are familiar with the NRAS scheme, you will know this property is an excellent investment.
This stylish 4-bedroom, two bathroom, double lock-up garage home has a long-term tenant.
:: 4 generous built-in bedrooms (with ceiling fans)
:: Master bedroom with ensuite & huge walk-in robe
:: Ceiling fans to bedrooms 2, 3 & 4
:: Large open plan living
:: Modern kitchen with plenty of cupboards and bench space
:: Air-conditioned open plan living and main bedroom
:: Tiled living areas
:: Double garage
:: Under-roof entertaining area
:: Fully fenced yard
:: 628sqm block
:: Toowoomba - 19km
:: Gatton - 17km
Located in Helidon (between Toowoomba and Gatton) and positioned within close proximity to local amenities, including a supermarket, primary school, RSL club, pub, post office, daycare centre, and sporting grounds.
Major local employers include Stanbroke Beef (500 employees), Southern Queensland Correctional Centre (900), Withcott Seedlings (200), Pohlman Nursery (185), Nolans Transport (250), plus Gatton & Toowoomba are both only 15 minutes away.
The new Toowoomba-Wellcamp Airport & Business Park and Toowoomba Enterprise Area (25,000 new jobs to be created) is only 25 minutes drive via the new Toowoomba Bypass. Brisbane is just over an hour.
UNBEATABLE RETURNS WITH NRAS INCENTIVES:
The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved home attracting an annual incentive for ten years. The two critical elements of the Incentive are:
:: A Commonwealth Government Incentive currently of $8,343.05per home per year as a refundable tax offset or payment; and
:: A State or Territory Government Incentive currently of $2,781.02per home per year in direct or in-kind financial support.
:: Rates - $955.86 hy.
:: Urban Utilities - $215.31 qtr. (plus usage)
:: Leased - $14,518.40pa. ($279.20pw.)
:: NRAS Incentives - $11,124.07pa. (for 2021/2022)
:: TOTAL Income - $25,642.47pa (8.2% on $310,000)
Note. Rent at $279.20pw is discounted 20% as required by NRAS - Full market value rent is $349pw.
NRAS incentives apply to 6/6/2023.
The future path you take with this property is flexible! You can either:
1. Continue with NRAS and reap the benefits for the remaining five years of the scheme term with the reassurance of a solid rental income;
2. Remove it from the scheme and rent it through the traditional rental market.
3. End the current lease and move into your own home!
Open For Inspection Times
Please contact the agent to arrange a private inspection.