What is NRAS?
The NRAS property program (National Rental Affordability Scheme) is designed to stimulate the building of rental homes in growth areas to satisfy a high demand for reasonably priced rental property.
The focus as tenants within the NRAS program are key workers such as nurses, teachers, police officers, fire fighters, ambulance operators and other contributing members essential to our growing society, who need to be able to access housing which is affordable to them.
The Federal Government NRAS program is also designed to provide a method and a potent incentive for Australian property investors to build their wealth and tangible assets with a social impact investment strategy. The NRAS real estate program stimulates the economy and building industry, nationally.
There are strict guidelines for properties to qualify under the NRAS scheme. NRAS properties must be close to transport, schools, shops etc. making NRAS properties desirable for tenants and property investors.
The NRAS initiative is funded for up to 50,000 dwellings, and all new investment properties must be ready for tenancy latest 30 June 2016. Owners of NRAS Properties will continue to get the substantial tax incentives for ten years from acquisition.
NRAS - Facts And Figures.
The Government has created this opportunity to provide investors an even better return on their property investment selection by providing a significant 2014-2015 tax free rebate of $10,661 (and Indexed by Rental CPI) per annum for a period of ten years.
Returns on NRAS investment property is typically greater than 7% gross rather than normal 5% returns. National rental affordability scheme investment property remains under the NRAS scheme of 10 years, providing property investors security of long term income stream.
Through the NRAS Australia website, you'll find many of the NRAS investment properties are POSITIVE CASHFLOW, so there is no draining weekly outgoing cost. NRAS Australia wide, generally yield higher than usual returns for investors in the residential property market.
When you listen to the NRAS webinar, you'll find out how as a property investor, you can benefit from over A$100,000 in tax rebates over a ten year period for each property you buy as a 'reward' for your social impact investment.
You can join and leave the NRAS Australia webinar at the click of your mouse. Soak up and understand the NRAS property investment information in your own time and at your leisure.
NRAS in Short Summary.
Reduce your tax bill, increase your investment asset base, improve your cashflow!
Each NRAS property you purchase will generate a positive cashflow investment when you include the benefit of the Government NRAS tax-free contributions.
In the five years to 30 June 2013, NRAS has delivered 14,575 completed dwellings with 23,884 more dwellings in progress. The Executive Director of the Community Housing Federation of Australia, Carol Croce, said that "NRAS is doing what it was intended to do: promoting significant investment where it's needed at the affordable end of the rental market."
When you listen to the NRAS webinar, you'll learn exactly how you can benefit from over A$100,000 in Government tax rebates over a ten year period.
After registering with NRAS Australia, you can access NRAS investment property country wide.
You'll find probably the widest selection of NRAS property to be able to choose from.
Give us a call on 1300 67 27 28 (1300 NRAS AU)