Double NRAS Duals & Triple NRAS Triplexes! DomaCom Dashboard

PDF brochure Email A Friend Bookmark Create Alert


Triplex Nras ' Perth Suburb Caversham ' H & L Package - $499,000


House For Sale: Lot 29 Niabell Road, Caversham3 Bed | 4 Bath | 3 Car | Floor: 210m2 | Land: 335m2



Date Available: NowContract Structure: Split Contract

**One of only 3 Triple Occupancy Triple NRAS properties available in Australia today!**

$499,000 buys this single level to-be-constructed full turn-key house and land package. It's for property investors that significantly wish to reduce income tax using NRAS tax credits, NRAS cash and negative gearing tax benefits before the Gov't changes hands and introduces negative gearing changes from 1st Jan 2020.

The Lilac estate in Caversham is located within the City of Swan 20 kilometres north east of Perth City. It has a population of approximately 2,693+ with a median age of 34, all of whom reside in the picturesque Swan Valley region.

Nearby schools include Caversham Primary School, Corridors Secondary College, East Beechboro Primary School, Governor Stirling Senior High School, Guildford Primary School, Lockridge Primary School, Midland Primary School and West Midland Primary School, making Caversham a convienent location for those with children or those looking to raise a family.

Layout is 1x1x1 + 1x1x1 + 1x1x1

Each tenant has their own bedroom, ensuite, kitchenette, loungeroom, entry and exit doors, partitioned garden area and 2 enjoy a garage space. Tenants share the main loungeroom, main dining room, large fully functional kitchen, laundry etc.

Property owner provides a house washing machine, a main microwave (optional), a basic microwave per dwelling, a benchtop oven with twin hotplate per dwelling and a bar fridge per dwelling. The owner also provides lounge furniture, dining furniture and outdoor furniture per dwelling. All items tax deductible and cheaply obtained from appliances online, A Mart etc. Estimated delivered cost $3,400

This triple occupancy property consists of 3 self-contained studio units within a large 4 bedroom home that includes a double garage and single carbay.

Full turnkey includes carpets, tiles, blinds, 4 x airconditioning units, individual fencing, sliding doors, landscaping, clotheslines and triple letterbox.

NRAS Property Managers maintain and manage the tenants during the term of the NRAS. After NRAS, the home reverts back to a large 4br home.

This property is opportunistically positioned on a corner block to accommodate 3 car tenant parking and offstreet parking.

Not suitable for single contract SMSF buyers as these are offered on 2 contracts.

Brand new activated NRAS incentives x 3 from Questus have up to 6 years remaining by the time the property is ready for tenanting. Expire 30/6/2026

Builder confirms current build times are up to 6-months from settlement of land.

Market rents (based on recent sworn rental valuations 4/2019)
1 bedroom studio fully self-contained (suits a single occupant) $220 pw
1 bedroom studio fully self-contained (suits a single occupant + garage) $225 pw
1 bedroom studio fully self-contained (suits a single occupant + garage) $225 pw

Discounted for NRAS rents (Questus 20%)
3 bedroom home $176 pw
3 bedroom home $181 pw (including half of garage)
3 bedroom home $181 pw (including half of garage)

NRAS value based on $11,248 pa (2019/2020)
1 bedroom home $216 pw
1 bedroom home $216 pw
1 bedroom home $216 pw

Total annual income from rents and incentives = $1,186 pw x 52 wks = $61,672

Gross annual returns 12.35%

Land price $245,000
Build price $254,000 includes 3 x NRAS incentives

Stamp duty on land $7,137
Council rates $1,800 annually
Water rates $962 annually
NRAS Questus fee $1,833 annually
Property management fee $73 weekly
Owner estimated cleaning and maintenance fee $25 weekly
Tenants pay water usage and power usage

Call Robert on 0403 577 353 to discuss this opportunity. Visit the website empowerhousing.com.au and click on Triples with NRAS.
  • 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
  • Split System Air Con

Zoning: Residential


Calculator Overview Property Investment Analysis


Verifying...

About this Investment Property

This property is assessed as cash-flow positive p.a (2018 ABS incomes) by: Personalise
Expected tax benefits from buying this property p.a (NegGear & NRAS):
7.2-Year NRAS Value:
(Incentive/s 0% and rent/s 0%)
Includes CPI
Purchase Price:
Deposit:
Stamp Duty:
Total Market Rental Incomes P/W:
Total NRAS Disc Rental Incomes P/W:
Number of NRAS Incentives available:
Property Management, Insurance & Rates P/W:

Rental Yield And Annual Growth

Rental Yield:
Annual Growth Rate:
Rule of 72 (Years to double in value):

Profit & Loss Calculations (Annualised)

Loan Amount (Inc Stamp Duty, Legals & Lender Fees):
Interest Rate IO p.a:
Loan Interest p.a:
Loan Repayment PW:
Est. Legals & Lenders Fees:
Depreciation p.a:
Investment Expenses p.a:
Total Deductions p.a:
Net p.a Loss/Gain:

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

Before this Property Purchase
Primary Earners p.a Taxable Income: Use this income to assess and see changes above Enter Your Actual Income
Partners p.a Taxable Income: Use this income to assess and see changes above Enter Actual Partner Income
Income Tax Payable p.a (Primary Earner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Income Tax Payable p.a (Partner): Use this tax-cut to assess and see changes above Enter After-Tax-Cut Instead
Primary Income After Tax:
Secondary Income After Tax:
After this Property Purchase
Suggested Ownership (Primary Earner):
Suggested Ownership (Partner):
Income Tax Payable p.a (Primary Earner):
Income Tax Payable p.a (Partner):
Primary Income After Tax:
Secondary Income After Tax:
Upshot
Est. Tax Saved p.a (Neg/Pos Gearing):
*Doesn't include LITO

Effect of this Property on Owners Income Taxes

Est. Tax Saved p.a (Negative Gearing):
NRAS Refundable Tax Offsets p.a:
NRAS State or Territory Cash Payments p.a:
Upshot
Potential Tax Reduction or Increase p.a:

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
Total existing monthly payments:
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:
7.2-Year NRAS Value:
(Incentive/s 0% 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:
Mobile: 0403 577 353
rkirk@empowerhousing.com.au
Listing ID
Address
Name*
Email*
Phone*
Enquiry*

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 WA April 2019.

Is NRAS for me?
How does it work?
The next step...