$360,709

2 Bed • 2 Bath • 1 Car

Main view of Homely unit listing, 8/1 Amity Avenue, Maroochydore QLD 4558

Floorplan of Homely unit listing, 8/1 Amity Avenue, Maroochydore QLD 4558

Second view of Homely unit listing, 8/1 Amity Avenue, Maroochydore QLD 4558

Sold

Third view of Homely unit listing, 8/1 Amity Avenue, Maroochydore QLD 4558

Sold

8/1 Amity Avenue, Maroochydore QLD 4558

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$360,709

2Bed
2Bath
1 Car

Unit Sold on Mon 17 Sep, 2018

What's around Amity Avenue

Unit description

“INVESTOR ALERT - RETURNING 7%!! GROSS 5.5% NET”

Owner slashed price by $40,000 be quick to snap up a bargain!
An investment opportunity now exists to purchase a NRAS (National Rental Affordability Scheme) unit in the popular Sunshine Cove precinct in Maroochydore.

This 2 bedroom, 2 bathroom unit is in walking distance to the Sunshine Plaza, which is currently undergoing a $400m redevelopment.

NRAS is a Commonwealth Government initiative that offers annual incentive to owners for a 10-year period as a refundable tax offset.

For the last financial year (2016-2017) the NRAS incentive was $11,048 TAX FREE!! This figure is linked to CPI and adjusted annually.

The rental income is in addition to incentive and was over $15,000 for this period.

Body Corporate fees are very reasonable, only $898 per 6 months !

To read more about NRAS, please click on this link - https://www.qld.gov.au/housing/renting/nras

**Property is currently tenanted so photographs are limited.