103 / 1 Bass Court, North Lakes
Wonderful Family Home or Savvy Investment












Description
This 3-bedroom townhouse is situated in North Lakes, in an impeccably maintained complex. Other features include ample visitor parking, pool, BBQ facilities and grassed area.
Located in a private section of this large highly sought-after complex the townhouse will appeal to both owners and investors. Walking distance to North lakes shopping 7 dining precinct, schools, transport, sports, and entertainment venues and much more.
School catchment zone: North lakes College (1.36 km)
Nearby schools: The Lakes College, North Lakes State College, St Benedicts College, St Benedicts Primary
Features :
Downstairs:
Tiled large open plan living /dining space with air conditioning
Modern kitchen with plenty of bench space, stainless steel appliances including dishwasher
Covered back patio opens out to a fully fenced back courtyard with convenient side access.
Laundry with access to the outside drying area
Separate toilet
Under stair storage
Upstairs
3 generous-sized bedrooms with built-in robes and fans
Master bedroom with ensuite
Bathroom with bath/shower
Linen cupboard
Current rental - $295 *NRAS * Lease ending 05/08/22 (Vacant possession available for owner occupiers)
** NRAS period ending 19/3/2024 **
Rent Potential $460 per week
Rates - $460/quarter (approx)
Water - $380/quarter (approx)
Body Corp Levies - $840/quarter (approx)
*** NRAS INFO ***
How does NRAS work?
NRAS provides a substantial annual tax-free incentive, called the NRASIncentive, to the business sector and community organisations who build and rent dwellings to low and moderate income households at a rate that is a least 20 per cent below the prevailing market rate.
Current Incentive:
The annual income-tax-free Incentive is currently $9,981 per dwelling, and is indexed each year to the rental component of the CPI.
The Incentive comprises:
an Australian Government contribution of $7,486 per dwelling per year (paid as a refundable tax offset or payment); and
a State or Territory Government contribution of $2,495 per dwelling per year (in direct or in-kind financial support).
https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme/national-rental-affordability-scheme-frequently-asked-questions
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