123 Besham Pde, Wynnum QLD 4178

Dual Key - Two Unit Living - NRAS Approved !

5-6 % gross return on investment - Look at this for investment ! - Read on ...

Dual key - dual access - two storey dwelling divided into 2 separate units.

3 bedroom / 2 bathroom ground floor unit with single lock up garage

2 bedroom / 1 bathroom upper floor unit with single lock up garage

Full current rental return of $554 per week based on following actual rentals:

Unit 1 $314 per week
Unit 2 $240 per week
Additional Incentive/Tax Offsets

The property is approved under National Rental Affordability Scheme Approved (NRAS) with State/Federal Government Incentive payment or tax offset, of approx. $11,000 per annum for each of the residential units within the main dwelling.

Rebate consists of State Government yearly cash payment of $2778.58 per unit (Total $5557.16 pa); and fully refundable tax offset certificate issued by the Federal Government with a full year value of up to $8335.75 per unit (Total $16,671.50 pa) - as stated by National Affordable Housing Consortium 2017-18 Incentive Advice.

That's $22,000+ extra value in your pocket, if you choose to continue the rental as an investment under the NRAS Scheme. Allowing for full rebate and income rental return on investment showing a 7.3% pa return !

This current NRAS scheme is in place (at your discretion) until December 2022.

Plenty of other options available to you:

Live in one - rent the other - or ideal for extended or two family living

The Location

Walking distance to golf course, Corner House shopping services, and Wynnum Central City Rail Station.

Walking distance to primary schools, high schools and church services.

10-15 minutes walking distance to the Wynnum-Manly Esplanade and parklands.

Wynnum is the known as Brisbane's Seaside Gem - being only a half hour to Brisbane and right on the waters of Moreton Bay.

1 hour north to the Sunshine Coast and 45 minutes south to the Gold Coast
Access to the beautiful bay islands including Moreton Island & Stradbroke Island

Wynnum-Manly is the home of the Royal Queensland Yacht Squadron

Wynnum is only 15 minutes to the domestic and international airports and Port of Brisbane terminal.

For full details and inspections of 123 Besham Pde, Wynnum Central please contact your listing agents now - This is clearly one of the best available investment opportunities on the bayside, for many years, so your enquiry is both welcomed and encouraged.

But you will need to be quick to view and take advantage of this rare opportunity.