The Phone Code for this property is: 47343. Please quote this number when phoning or texting.

This property comprises two separate (dual key) dwellings with a separate one bedroom one bathroom unit upstairs and two bedroom two bathroom unit downstairs backing onto the Dunsborough Lakes Golf Course. Each unit has great tenants and high rental occupancy.

This is a rare opportunity as each dwelling is entitled to National Rental Affordability Scheme (NRAS) annual Govt payments (until May 2026). NRAS payments totalled $22.5K in 19/20 so the property is eligible to recoup over $112K in the next five years, tax exempt, and with CPI indexation to be added. NRAS payments are in addition to rental income ($21.2K gross in 19/20) and claimable depreciation/building tax deductions ($9.8K in 19/20) and other deductions (property and interest).

In this low interest environment this property is strongly positively geared with a gross annual income yield over 8% and net yield after interest and property expenses over 5% making it an ideal acquisition for investment, FIFO or SMSF. The property is professionally managed and this is a set and forget investment.

The owner has the flexibility to remove either one or both units from the NRAS scheme if they want to occupy or rent outside the NRAS scheme. Dunsborough is a growing vibrant community with very low rental availability and this property is well situated overlooking the Dunsborough Lakes Golf Course and positioned for capital growth. This property will be an excellent long term asset.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.