1/20 Tempest Drive,
Glenvale Queensland 4350

Price: $370,000

Calling All Investors!

- 3 spacious bedrooms
- Main bedroom with ensuite
- Spacious open plan living and dining area with reverse cycle air-conditioning
- Modern kitchen hosting electric cooking appliances and dishwasher
- Family bathroom with separate toilet for convenience
- Single remote garage with internal access
- Rented until June 2023 through the National Rent Affordability Scheme

Calling all investors! This unit is a perfect addition to your portfolio for those looking for a low maintenance property within close proximity to Glenvale State School, local parks and shopping centres.

This modern unit features 3 built-in bedrooms. The main bedroom is completed with an ensuite featuring shower, vanity, and toilet. The spacious tiled lounge and dining is open plan and hosts a reverse cycle air-conditioning for year-round comfort. The modern kitchen is well equipped, with electric cook top, oven, range hood and dishwasher.

Investors - the unit is currently rented until June 2023 through an NRAS provider to a great long-term tenant. This scheme will allow investors to also receive an annual financial incentive from NRAS to compensate for the lesser rent. For more details on the current tenancy agreement or the National Rent Affordability Scheme, we welcome your call.

Externally there is a spacious fully fenced and private rear yard. For your vehicle there is a single remote garage with internal access.

Body Corporate fees - approximately $600 per quarter.

Don't miss out! Inspections are by appointment only - call us today to arrange your private viewing.

General rates: currently $1,002.48 net per half year
Water rates: currently $349.94 net per half year plus consumption

Primary school state catchment: Glenvale State School
High school state catchment: Wilsonton State High School

Home Built: 2012

NRAS INCENTIVES
The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to supply affordable rental dwellings. NRAS investors are eligible for substantial tax-free incentives that are not available to conventional, individual residential property investors, with each approved dwelling attracting an annual incentive for 10 years. The two key elements of the Incentive are:
- A Commonwealth Government Incentive currently of $8,343.05 per dwelling per year as a refundable tax offset or payment; and
- A State or Territory Government Incentive currently of $2,781.02 per dwelling per year in direct or in-kind financial support.