This single level to-be-constructed full turn-key house and land package is for property investors that wish to reduce income tax using NRAS tax credits, NRAS cash and negative gearing tax benefits.

Dayton is conveniently located in the City of Swan, just 1km from the world famous Swan Valley wine region, and less than 10 minutes from the business centres of Midland and Malaga. This suburb offers proximity to Perth airport, and a 20 minute journey to Perth city centre.

Currently under construction, the $1.2 billion Northlink WA development will connect Muchea to Morley. This new transport link will provide direct access from the Swan Valley to Perth CBD.

Public transport is close by, just 10 minutes from Midland & Bassendean Train Stations. Residents have a selection of excellent local schools including Riverlands Montessori School, Guildford Grammar (4km), Midland Christian School (3km), Swan Christian College (3.6km), Beechboro Christian School (3.7km).

Layout is 3x2x2 + 1x1x1

This dual occupancy property is a 3 bedroom, 2 bathroom, 2 car home with an adjoining 1 bedroom, 1 bathroom, 1 car fully self-contained studio for $500,000

Full turnkey includes carpets, tiles, blinds, light fittings, fencing, landscaping, 2 x clotheslines and double letterbox.

Not suitable for single contract SMSF buyers as these are offered on 2 contracts.

NRAS incentives are available from Questus till 30 June 2026 from when the property is ready for tenanting. With CPI, that could be as high as $200,000 in tax credits and tax free cash courtesy of the Australian Government!

Market rents (actual NRAS valuations dated 13/2/19)
3 bedroom home (suits a family) $300 pw
1 bedroom home (suits a couple) $220 pw

Discounted for NRAS rents (Questus 20%)
3 bedroom home $240 pw
1 bedroom home $176 pw

NRAS value based on $11,248 pa (2019/2020)
3 bedroom home $216 pw
1 bedroom home $216 pw

Total annual income from rents and incentives = $848 pw x 52 wks = $44,096

Gross annual returns 9.69%

Land price $290,000 - $10,000 rebate = $280,000 (rebate applied to the build price)

Stamp duty on land $8,474
Council rates $1,800 annually
Water rates $962 annually
NRAS Questus fee $1,222 annually
Property management fee $66 weekly

Call Robert on 0403 577 353 to discuss this opportunity. Visit the website empowerhousing.com.au and click on Duals with NRAS.