308/21 Malata Crescent, Success 6164, Western Australia Australia

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308/21 Malata Crescent, Success 6164, Western Australia Australia
308/21 Malata Crescent Success Western Australia 6164
PRDnationwide Project Marketing (WA)
359000
Price Reduction!This bright and spacious 88m 3rd floor corner apartment with huge 26m balcony and views towards the Perth hills offers exceptional value. Adjacent to the Cockburn Gateway Shopping Complex and a short stroll to Cockburn Central train station, the location boasts an excellent range of convenience and amenities: from supermarkets to general stores, fine and casual dining, coffee bars and the Gate Tavern as well as ready access to the Kwinana Freeway - all on your doorstep ! Other key features are: • Modern kitchen • Huge balcony • Stone counter tops • Reverse cycle split system air-conditioning • Two adjacent under cover parking bays • Store room next to apartment • Pool and Gym • 145m total strata space • Lift The apartment is currently leased out under the "NRAS" scheme, meaning an owner benefits from a massive government subsidy in return for leasing the apartment at 20% below current market rents. Given that the NRAS subsidy (payable by both State and Federal governments) is currently running at $11,192pa, this far outweighs the rent reduction, allowing for higher than average returns. Currently the apartment is leased at $264pw net until 2 August, 2019. Continuing rental prospects are excellent and the apartment stands to benefit from the NRAS subsidy for at least another five years. If you require the apartment for personal use, you may leave the NRAS scheme at any time of your choosing. For further information and to arrange a viewing: Please Mark Gidvani on 0439 487 174.

Exceptionally large and stylish apartment would suit investor

Property ID: R604325
Location: 308/21 Malata Crescent SUCCESS
2 Bed 2 Bath 2 Car Spaces
Price: $359,000
Type: Apartment
Price Reduction!This bright and spacious 88m 3rd floor corner apartment with huge 26m balcony and views towards the Perth hills offers exceptional value.

Adjacent to the Cockburn Gateway Shopping Complex and a short stroll to Cockburn Central train station, the location boasts an excellent range of convenience and amenities: from supermarkets to general stores, fine and casual dining, coffee bars and the Gate Tavern as well as ready access to the Kwinana Freeway - all on your doorstep !

Other key features are:
• Modern kitchen
• Huge balcony
• Stone counter tops
• Reverse cycle split system air-conditioning
• Two adjacent under cover parking bays
• Store room next to apartment
• Pool and Gym
• 145m total strata space
• Lift

The apartment is currently leased out under the "NRAS" scheme, meaning an owner benefits from a massive government subsidy in return for leasing the apartment at 20% below current market rents.

Given that the NRAS subsidy (payable by both State and Federal governments) is currently running at $11,192pa, this far outweighs the rent reduction, allowing for higher than average returns. Currently the apartment is leased at $264pw net until 2 August, 2019.

Continuing rental prospects are excellent and the apartment stands to benefit from the NRAS subsidy for at least another five years. If you require the apartment for personal use, you may leave the NRAS scheme at any time of your choosing.

For further information and to arrange a viewing:
Please Mark Gidvani on 0439 487 174.
Extra features
Built-In Wardrobes,Close to Schools,Close to Shops,Close to Transport,Fireplace(s)

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PRDnationwide Project Marketing (WA)
Mark Gidvani
0439 487 174
08 9383 2066
              
308/21 Malata Crescent, Success 6164, Western Australia Australia
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