6 Goddard Street

Rockingham WA 6168

The City of Rockingham is located in Perth's outer southern suburbs, about 40 kilometres south-west of the Perth CBD. It's a rapidly developing residential area, with substantial industrial and commercial areas, and a naval area on Garden Island.
The City encompasses a total land area of about 260 square kilometres, including significant areas of coastline and parkland.
Suburbs in the City of Rockingham include Baldivis, Cooloongup, East Rockingham, Garden Island, Golden Bay, Hillman, Karnup, Peron, Port Kennedy, Rockingham, Safety Bay, Secret Harbour, Shoalwater, Singleton, Waikiki and Warnbro.
This is an NRAS-ready full turn-key Ground Floor apartment and offered with options. This is a Questus Development questus.com.au - Builder is BGC bgc.com.au
Choose to:
1. Purchase a Gov't 10-year NRAS* Incentive from Questus at $11,000 each and receive $10,917 per year in tax credits and cash from the ATO and WA State Govt by discounting the rent/s
2. Order your property with a white goods & furniture package to increase your rent for $6,000. Furniture packages can increase rents by up to $50 per week
3. Take-up the developers offer of short-term (1-2 years) vendor finance at bank interest rates if you need access to deposit funds or settlement expenses (conditions apply)
* NRAS is the Govt's National Rental Affordability Scheme https://www.dss.gov.au/our-responsibilities/housing-support/programmes-services/national-rental-affordability-scheme
Base price $383,000
1 x NRAS Incentive $11,000
1 x Furniture Package $6,000
Total package $400,000
Performance Data without NRAS options
Rent
2br apartment = $400 pw
Estimated Annual Cash Positive after all expenses (based on $82,500 income pa and 20% deposit)
Estimated Annual Tax Savings of $3,270+ (includes negative gearing without NRAS incentives)
10-year Annual Growth for Rockingham 7.11% (source RP Data 25/11/2015)
Avg Gross return = 5.36% (based on $383,000 purchase price)
vs.
Performance Data with NRAS option
Rent
2br home = $400 pw less 20% NRAS discount = $320 pw
2br NRAS = $210 pw
Estimated Annual Cash Positive by $7,380+ after all expenses (based on $82,500 income pa)
Estimated Annual Tax Savings of $16,100+ (includes negative gearing + 1 x NRAS incentive of $10,917+ cpi)
10-year Annual Growth for Rockingham 7.11% (source RP Data 25/11/2015)
Avg Gross return = 6.99% (based on $394,000 purchase price including 1 NRAS incentive without furniture or whitegoods package)
Weekly operating expenses $136 and includes Council Rates, Water Rates, Insurance, Strata, NRAS and Property Management
Purchasing an Apartment is easy!
Investors purchasing a Rockingham apartment require:
- Minimum home or investment property equity of $60,000
Or, if purchasing using a SMSF
- Minimum combined balances in Super accounts of $100,000
Visit the web rockinghamcbdapartments.com.au for more information. Financing is available.
Call Robert on 0403 577 353 to discuss further.
rkirk@empowerhousing.com.au