54 Dunlop Street, Kelso QLD 4815

This property has an NRAS lease in place. It features 3 bedrooms and a private back yard. Located in the River Parks Estate in Kelso this investment will benefit from the completion of this estate plus the new Estate which has been approved for Rasmussen which will consist of 1500 new residential blocks.

There is still 6 years to run on the NRAS agreement which benefits from an indexed rent assessment annually. To date the property has not struggled to find and keep tenants. Currently rented at $256 per week plus the tax free Government subsidy.

In recent years the shopping centres in Kelso have been revamped with private investment being complimented by Woolworths and McDonalds who have now based themselves here. Townsville City Council has spent a great deal of effort and money in making the parks along the iconic Ross River more accessible and user friendly which has helped promote a more family friendly recreational area.

The local primary school is a short walk or ride from this home and the bus stop to the High School is a mere 50m up the road. The River Parks Estate features lots of green space. This property is currently tenanted with the current lease running until October 2015.