18/2-4 Hutton Street, Dandenong, Vic 3175
Sold: $310,000 (07-04-2017)- hotel 2
- hot_tub 1
- directions_car 1
Attention Investors: Positive Geared Investment Opportunity!!
An Investment in this NRAS approved property offers investor a unique opportunity to gain possibly positive cash flow for 5 years with approx. $11,114 per year with the increase of CPI every year.
This Property returns ~$14,800 in Rent and ~$11,114 in Tax Credit from Federal and State Government which gives massive returns of ~$25,900 per annum. (Based on current rental lease and NRAS Incentive, excludes other management fees and on-going costs)
This NRAS Property is rented 20% below the market rate which gives higher tax returns to the investors, plus depreciation YoY and NRAS Incentive from Govt. makes extremely attractive investment opportunity for the investors.
This apartment is located within walking distance to train station, Dandenong CBD and easy access to the local amenities such as shops, schools, park, plaza, medical centres, hospital, market, freeway and Eastlink. Offers amazing views from the balcony. Currently tenanted to good family who are renting for long period.
This near new apartment (5 Years old) boasting 2 beds 2 baths with single car space located on the ground floor with additional convenience door access to the street. Air-conditioning, dishwasher, modern style bathroom, balcony and secure parking.
Currently tenanted to save the hassle and you can enjoy the rental income after settled.
We have obtained all information above from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.