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Duplex 3br+3br House & Land Package ' $22384 P.a Gov't Incentive's Till 30june2026 ' Tenant-ready Oct/nov 2018 - $635,000


House For Sale: Lots 1&2/1405 Benenden Ave, Butler6 Bed | 4 Bath | 4 Car | Floor: 0m2 | Land: 491m2



Date Available: 2/4/2018Contract Structure: Split Contract

Just released!

Only 2 available and both are house and land packages. This Duplex has already been subdivided and now on 2 titles. Offered as a pair and includes 2 original NRAS brand new incentives from Questus. These are not substitution NRAS!

Butler is an outer suburb of Perth, Western Australia, located 41 kilometres north of Perth's central business district. It is part of the City of Wanneroo local government area. Enjoy the close proximity to some of Perth's stunning beaches, with crystal blue waters and white sandy beaches, accessible via walkways, cycling or driving.

Close to the beach, close to public transport, schools and local amenities.

What can investors expect when buying this property?

1. 2 x Gov't NRAS Incentives currently valued at $11,192 each (2018-2019) = $22,384 p.a
2. 2 x sets of tenants with discounted NRAS rents that are indexed annually to CPI
3. A metro Perth suburb
4. One of WA's highest gross rental yields
5. NRAS terms both expire June 2026
6. NRAS allocations lot 1 - 1-TZT-152, Lot 2 - 1-TZT-153
7. Council rates of est. $1,560 x 2
8. Water rates of est. $1,200 x 2
9. Property management fees $1,716 x 2
10. NRAS fees $600 x 2
11. Land insurance fees $400 x 2

Lot is not suitable for SMSF buyers.

As is traditional with NRAS, this property is very cashflow positive and on 2 Green titles to keep expenses at a minimum.

Expected Rents for 3br x 2bath x 2car in Butler:

Dwelling 1 = $300 pw
Dwelling 2 = $300 pw

Total rents = $600 pw less 20% NRAS Discount = $480 pw + NRAS value $430 pw = $910 pw or $47,320 p.a!

Pay stamps on land only.

Gross Rental Yield of 7.45%

Visit the Empower Housing Group website empowerhousing.com.au for more information on the National Rental Affordability Scheme.

Contact Robert Kirk of Empower Housing Group on 1300 859 075 or rkirk@empowerhousing.com.au for an investors information pack tailored to your situation.
  • Air Conditioning
  • Broadband
  • Built In Robes
  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Energy efficiency rating
  • Fully Fenced
  • Garden
  • Newly Built
  • Secure Parking

Zoning: Residential


Calculator Overview Property Investment Analysis


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About this Investment Property

This property is assessed as cash-flow positive PA (2018 ABS incomes) by: Personalise
Expected tax benefits from buying this property PA (NegGear & NRAS):
8.1-Year NRAS Value:
(Incentive/s 0.7% and rent/s 0%)
Includes CPI
Purchase Price:
Deposit:
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Rental Yield And Annual Growth

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Profit & Loss Calculations (Annualised)

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Single Year Cash-flow - Before & After Comparison (Negative Gearing Calculation)Enter Your Incomes Here

Before this Property Purchase
Primary Earners PA Taxable Income: Use this income to assess and see changes above Enter Your Actual Income
Partners PA Taxable Income: Use this income to assess and see changes above Enter Actual Partner Income
Income Tax Payable PA (Primary Earner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Income Tax Payable PA (Partner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
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After this Property Purchase
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Upshot
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*Doesn't include LITO

Effect of this Property on Owners Income Taxes

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NRAS Refundable Tax Offsets PA:
NRAS State or Territory Cash Payments PA:
Upshot
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Effect of this Property on Owners to be Debt-Free Enter All Your Debts Here

Click here to open debt table pop-up (balances and minimum repayments required)
Total debts & loans required to be paid out
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Upshot
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments) using the net surplus from this property.

Positive Outcome/s from Buying this Property

Potential Reduction or Increase in Income Taxes
Projected Capital Growth over 10-years:
Projected Property Value after 10-years:
8.1-Year NRAS Value:
(Incentive/s 0.7% and rent/s 0%)
Includes CPI
Potential Interest Savings on your home loan (based on loan balance):
Surplus income: (Annual Rental income - Annual Expenses) - (loan repayment per annum) + tax_saved
Potentially pay out in total debt incl. home & investment loans (if and as applicable) in years (based on min. repay amount plus any extra payments)
Investing current monthly payments of per month for remaining term of years when you are debt-free, potentially earns an additional in income.

 

Enquire Now


Robert Kirk Download vCard
Phone: 1300859075
Mobile: 0403 577 353
rkirk@empowerhousing.com.au
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Disclaimer: Accessing and using any information from this site is on the condition you read and agree to the following. Before making any financial commitment to any property you should seek professional advice from a qualified and registered financial advisor. While every attempt is made to keep the information accurate and current, this site should be used to locate properties of interest to carry out further investigation as to the viability and suitability of the investment property to your personal situation. Indicative returns on investment are just that ‘indicative’ being based on information provided from third parties in regard to sale price and expected rent to be obtained. They are not deemed to be the final return once all other costs e.g legal fees, stamp duty, rental fees, utilities connections and the like associated with buying a new home are added in. Using links from this site to other web sites and the like means you are accessing information from sites we have no control over, we will not be held liable for any loss incurred from the use of information from this site and outbound linked sites. Management of Empower Housing Group and Empower Housing Group WA April 2014.

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