Borrow at 4% Receive at 9% Income.NRAS.

Property Overview

Market price$259,000
Market rent$240 p/wk (after discount)
NRAS contribution$212.46 p/wk (paid annually)
Yield inc. NRAS9.08%
Address25-23,Francis St

Expression of interest

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Borrow at 4% (or less!) as a mortgage loan & receive at 9% gross rental income. Do the maths. You're making money every day. The difference in margin, is exactly how the banks make such an obscene amount of money. The only question should be how many can I have?

Located in Wattle Grove Estate, just 5 minutes from the town centre of Balaklava, this 3 bedroom home features modern open plan living with a double carport with panel doors, under the main roof.

This property has a well-designed open plan kitchen and meals area with a large breakfast bar. The main bedroom also boasts an ensuited bathroom and a a spacious walk in robe. The fully enclosed double garage provides secure private access to the house, as well as roller door access to the back yard. This home has been very well planned and will ensure a great standard of lifestyle.

With a rental income plus NRAS contribution for up to 6 years, this is an attractive rental property for the astute investor.

Features include: Master bedroom with ensuite and walk-in robe, split system heating and cooling, secure double carport and electric oven with gas cook top.

Property completion date: August 2012

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.