16 Hanover Drive, Pimpama QLD 4209

ASTUTE INVESTOR MUST BE FOUND

Poised for future growth and offering great returns, this NRAS approved home is a no brainer for the astute investor. Pimpama is one of the leading growth suburbs on the Gold Coast and is perfectly positioned just a short commute North to Brisbane CBD and South to the sandy beaches of the coast. The suburb is on the move with substantial developments including a brand new town centre, and upgrades to numerous other local amenities all within a ten minute drive.

- NRAS approved
- Master with ensuite, WIR and A/C
- Open plan living & dining with A/C
- Modern Kitchen
- Undercover entertaining area
- Grassy fenced backyard
- Double auto garage
- Land Size: 600m
- Property Completion: 2010
- Current NRAS rent: $360 pw
- Lease Expires: 13/09/2016
- Water Rates: $1,382.56 pa approx.
- Council Rates: $1,469.70pa approx.

16 Hanover Drive is an approved dwelling for the National Rental Affordability Scheme (or NRAS), a Government partnership that aims to supply affordable rental accommodation. To compensate owners for letting the property at a 20% reduced weekly price, NRAS provides a substantial annual incentive for up to 10 years. This incentive far outweighs the cost of reduced rent, leaving the owner in a positive net position at years end.

For more information regarding the NRAS incentive, please do not hesitate to follow the below link or contact The Sam Westaway Team.

https://www.dss.gov.au/our-responsibilities/housing-support/programs-services/national-rental-affordability-scheme/national-rental-affordability-scheme-frequently-asked-questions-1#invest