1/65 Glorious Promenade Redbank Plains, QLD 4301

Sold for $225,000 on 6 Jul 2018
  • 2 Beds
  • 1 Bath
  • 1 Car

Sold By

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House in Redbank Plains

Sold by Jade Monson

  • 2 Beds
  • 1 Bath
  • 1 Car

This 6-year-old modern 2 bedroom terrace unit sits perched high overlooking Napier Park in the heart of Mountview Estate, Redbank Plains. It is currently part of the National Rental Affordability Scheme (NRAS). The new owner can choose to take up the advantage of the remaining NRAS incentive or choose to call it home and move into the property.

• 2 x Carpeted Bedrooms with BIR's
• Internal laundry
• Open Plan Air-Conditioned Living
• Modern kitchen featuring:
 - Stainless gas cook top
 - Stainless under bench electric oven
 - Stainless dishwasher
 - Stone benchtops
• Lock up garage plus a secure lock up car accommodation space
• Ample Visitor Parking
• Private secure courtyard

The Property can be sold with the remainder of the 10 year NRAS incentive term transferred to the new owner. The Government financial incentive is payable annually or refundable tax offset. Compared with a conventional residential investment property, the NRAS Incentive can provide a better cash return to investors than the receipt of full market rent. The owner may consider selling without the Scheme, but if you're an investor why would you turn down a substantial return!

Investor Information
• Strata: $1299 approx per annum (B.C $126.25 + Admin $226.80 + Sinking $296.25 = $1298.60. Paid 6 monthly)
• Rates: $1605 approx per annum
• Water: $280 per quarter
• Horizon Housing Management Fee: 10%
• Lease end: 18 June 2018
• Annual Lump Sum Payment/Govt Incentive: $11,000 approx.
• Rent: $232.80 per week (Market Rent is : $290 per week)
• Imagine An Additional Lump Sum Payment Of Approx $11,000 On Top Of Your Rent, That's Equal To Just Over $440 Per Week, an Extra $150 A Week More Than The Market Rent Achievable!

Ideally located directly opposite the Napier Park in the heart of Mountview Estate parkland you can't go wrong. This prime location, close to all amenities is only a short drive to Redbank Plains Town Square Shopping Centre, Redbank Plaza, Collingwood Park Shopping Centre, Orion Shopping Centre. A site on School Road has been earmarked for a major neighbourhood centre to include a supermarket as well as food and specialty stores precinct.

Springfield Central Railway Station and Redbank Station are only a short drive and with a new railway station set to come to Redbank Plains in the near future and more infrastructure coming your way, you can't go wrong!
White Rock-Spring Mountain Conservation Estate is on your doorstep, where you can explore its numerous bushwalking and mountain bike trails, ranging from 200 meters to 19 km return with fantastic picnic spots and views of the region. Numerous sporting fields are all closeby too.

Located 30 kilometres west of Brisbane's CBD, or 15 minutes from Ipswich and with Augustine Heights, Brookwater and Springfield Lakes just next door and easy access to the Gold Coast and the South East corridor. Spoilt for choice there are several options for childcare facilities, schools and tertiary education including The University of Southern Queensland and Bremer Institute of TAFE.

Call Jade today on 0425 209 790 for more information on the NRAS incentive, to make an appointment or come along to one of the scheduled open homes.

  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Secure Parking

1 garage space






Redbank Plains

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