17/91-97 Arthur Street Rosehill, NSW 2142

This property is not currently for sale or rent on lsre.com.au
Bed2
Bath2
Car1

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Property Details

Property Description

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;

Apartment-17
*Generous one (1) bedroom apartment
*Modern kitchen with stone benchtops
*Stylish bathroom
*Spacious living area & dining
*Internal laundry
*Large balcony with views

Apartment 17a
*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)
*Increased income
*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.

For more infomation please contact George Lattouf on 0404 004 754.

Must be sold.

Laing & Simmons Merrylands and its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries.”

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