22 Hunter Lane, Andrews Farm, SA 5114

An exclusive & lucrative opportunity exists for investors to purchase this NRAS investment property.

The National Rental Affordability Scheme (NRAS) is an Australian Government backed initiative delivered in partnership with the states and territories to stimulate residential investment property development and affordable rental properties. NRAS is not public housing or social housing; the government’s role is deliberately limited to the provision of financial incentives to approved investment property participants.

An NRAS property manager conducts tenant selection, generally under guidance from the property investor, in accordance with their state or territory tenancy management laws. There are no special pre-qualifications to own an NRAS investment property when compared to traditional investment properties. There are pre-qualification for NRAS property tenants though, which include income requirements and in some states a means or asset test.

The NRAS investment property incentive (currently $10,350pa) comes as two components upon successful submission of a tax return by the NRAS property owner: 75% as a refundable tax credit, and 25% as a direct payment.

Both of these payments are tax free, which in effect gives the NRAS property investor the tax advantages of negative gearing, with positive cash flow.

**You should consult your financial, legal and taxation advisor to ascertain the best structure in which to purchase your NRAS investment property**