1/35 May Street, Gosnells WA 6110

Now it's your chance to invest in a great dual key property that comes already with a stable rental income of $350 per week and $22,000 tax free*

A dual key villa is one that is divided into two dwellings, with the additional dwelling inside the first and both sharing a front door. Rather than a duplex or divided townhouse, it has one space containing two separate self-contained areas with their own bedroom, bathroom and living.

Features:
- 2 Bedrooms with Built in Wardrobes
- 2 Large Bathrooms
- Practical kitchens with Gas Cooktop
- Living area with Split System Air Conditioning
- Great Courtyard
- Store room
- Completed end of 2020
- Offers a combined rent of $350/ week
- 4 NRAS years left on the property
- Walking distance to Schools, Shops and Local amenities
- Close to Gosnells Train Station and Tonkin Highway

The National Rental Affordability Scheme (NRAS or the Scheme) is an Australian Government affordable housing initiative, delivered in partnership with state and territory governments. Governments, the business sector and community organisations have recognised that housing affordability is an issue of significant community concern. The growing cost of housing is having an impact on the ability of many Australians to meet their financial commitments. The Scheme seeks to address the shortage of affordable rental housing by offering annual financial incentives for up to ten years, to rent dwellings for eligible NRAS tenants at 80 per cent or less of the market value rent.

NRAS investors are third parties that own the rental dwellings. They have a key stake in the Scheme as they can be beneficiaries of the NRAS incentive and may also participate in the Scheme as part of a consortium or trust. NRAS investors and approved participants generally enter into contractual arrangements where the approved participant manages compliance with the NRAS regulatory requirements and passes on all or part of the NRAS incentive to the NRAS investor.

To find out more about this brilliant investment, call Alina today on 0432779837.