23 Petherton Rd, Andrews Farm, SA 5114

This property is the perfect example of low maintenance with easy care living. Perfect for the first time or astute property investor with the added benefit of the remaining NRAS grant.

Built in 2012, this property has 3 bedrooms, 2 bathrooms, study, European style laundry, open plan kitchen dine & lounge, single car garage under the main roof and reverse cycle split system air conditioning - this property has it all.

The main bedroom has a walk in robe and modern ensuite. The main bathroom is also modern, featuring a separate bath, with light and bright tones. The other two bedrooms feature built in wardrobes. The kitchen has plenty of cupboard space with a large pantry. The appliances will please the home cook or entertainer with stainless steel gas cook top & electric oven. The kitchen is incorporated with the open plan lounge & dining room.

With 2 very low maintenance yard areas and currently tenanted to fantastic long term tenants you can just set and forget this one.

Just a short drive to the Elizabeth Shopping Centre, access straight on to the northern express way and just a short walk to local parks and reserves. Public transport and schools are also nearby.

This established property is part of the National Rental Affordability Scheme (NRAS) and is currently tenanted at an NRAS rent of $234 per week, with an annual grant provided to top up the rent shortfall. The property was activated into the NRAS scheme 23/5/2012 giving approximately 7 years remaining grants to the next investor.

What is NRAS?
NRAS (National Rental Affordability Scheme) is a 10 year Government program whereby investors receive an annual indexed grant (currently $10,917 p.a) in return for offering a 20% rent discount to eligible tenants.

Although it is anticipated that investors will be attracted to purchasing this property due to the NRAS incentive, it is also possible for an owner occupier to purchase this home, so feel free to discuss your particular situation with us.

For more information on the NRAS scheme, or to arrange an inspection, contact Roger Wolf from AdProp.