1709/25 Charlotte Street, Chermside, Qld 4032
Sold: $352,250 (05-18-2018)- hotel 2
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Features at a glance:
• Spacious 2 bedrooms, 2-way bathroom, 1 car accommodation
• Modern kitchen with a gas cooktop
• Spacious private balcony which embraces the North Eastly Breezes
• Open plan living
• 100m walk to Westfield Chermside & only 9km to the city
• Complex includes a media room for all the residences
• Split system Air-conditioning throughout
• NRAS investment opportunity available finishing on 17/03/2025
• Major Tax benefits including refundable offsets exceeding $8,000 per annum
• Guaranteed rental returns through the government
• More information about NRAS below
What’s it like to enjoy a true lifestyle?
Live the life of a local resident and enjoy a typical weekend being a new owner of this chic apartment in the heart of Chermside.
8.00am: Wake up, sun is shining, roll over in bed and take in the beautiful north eastly breezes.
9.30am: Walk 300m to Snap Fitness for your daily workout, then go to the local Aquatic Centre to cool off and refresh.
10.30am: Walk across the road to Westfield Chermside and Grab a quick coffee from the 24/7 Café 63 and head back home to get ready for lunch.
12.00pm: Decide where to go for lunch because the choices are endless: Could it be Betty’s Burgers, Guzman Y Gomez, Grill’d, Beach House Bar & Grill, The Bavarian, Sushi Train and the list goes on.
1.00pm: Catch a movie at one of the well renown Event Gold Class Cinema.
4.00pm: Challenge the friends and family at a game of Ten Pin Bowling or Laser Tag located in the brand-new Kingpin arcade section in the shopping centre.
5.30pm: Make a quick trip to Coles or Woolworths to pick up some essentials and take them home to cook up a storm.
8.30pm: Enjoy the last drinks at Tapworks Bar & Grill, then walk home.
10.30pm: What a day! Exhausted you roll into bed ready to do it all again tomorrow!
What is the Investment Opportunity?
What is NRAS and what are the benefits?
1. Why become an NRAS approved participant?
NRAS provides a substantial annual incentive per dwelling to approved participants who build and rent approved dwellings at a rate that is a least 20 per cent below the market value rent, to low and moderate-income households.
2. What is the annual NRAS incentive?
The NRAS incentive is an annual amount, indexed annually provided to approved participants for each approved dwelling which complies with the conditions of the allocation of incentive for the dwelling. The incentive comprises:
• An Australian Government contribution per dwelling per year for up to 10 years as either a tax offset or cash (for endorsed charitable organisations who have not made an election to receive a tax offset).
• State and Territory Governments may offer approved participants a contribution per dwelling per year as direct payment or payment in-kind.
3. What are the commercial benefits of investing in NRAS?
NRAS is intended as a commercial investment option for approved participants while also increasing the supply of affordable rental housing in Australia.
Investors in the scheme may benefit from the annual incentive for up to 10 years as well as through rental yields and potential capital gains.
For more information on the NRAS benefits please call Michael on 0423 342 707.
This apartment is centrally located to everything, a true lifestyle choice.
Call Michael Bacon to inspect today!