nras properties heatherton
Apartments In Heatherton (NRAS Approved)
1 and 2 bed From $312,000
Price: From $312,000
Market Rent: $256 per week
Discount Rent: $256 + $192 (tax free) = $448 per week
- Location, 16km south-east of Melbourne’s CBD
- Exceptional value for money – NRAS approval on multiple lots
- Modern 1 and 2 bedroom designed apartments, some with additional study
- Solid plans for new infrastructure in Heatherton and surrounding suburbs
- Excellent rental returns expected on all apartment types
- Quality Builder and Developer, both with an outstanding reputation
Property Selection Criteria
- Heather Apartments are located in Heatherton, 16 km south-east from Melbourne’s central business district.
- Surrounded by some of the best golf courses, shopping centres and parklands that Melbourne has to offer,
the Heather apartments provide an ideal investment anf lifestyle opportunity
Value for Money
- This low-rise, medium density project of 77 off-the plan residential apartments represents excellent value for both property investors and owneroccupiers.
- With a combination of a selection of properties available under the NRAS, significant stamp duty savings and strong capital growth, expect to see higher than usual financial returns for this growing suburb.
- NRAS offers a substantial annual tax-free incentive not available to standard residential property investors
- The NRAS annual income-tax free Incentive is currently $9,524 per dwelling, and is indexed each year to the rental component of the CPI, for 10 years
- Heatherton offers convenient access to arterial roads, public transport services and shops
- Solid plans for infrastructure and redevelopment in Heatherton and surrounding areas in order to support the growth in population
Design & Finishes
- 1 and 2 bedroom apartments – some with additional study
- All apartments either have a balcony or courtyard
- Open plan lounge / dining and spacious kitchen
- Split system air conditioning
- All apartments have an allocated storage area
- Stainless steel dishwasher and kitchen appliances
- Secure Car parking
Integrity of Developer
- Pellicano has gained a reputation in the industry as a leader in the construction, development and management of cutting edge residential, aged care, retail and commercial properties across Victoria and Queensland.
- 1 bed $312,000, Market rent $320, Discount rent $256 + $183 (tax free) = $439 per week
- 2 bed $435,000, Market rent $440, Discount rent $352 + $183 (tax free) = $535 per week
- 2 bed + study $445,000, Market rent $460, Discount rent $368 + $183 (tax free) = $551 per week
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