42 Hanover Drive, Pimpama QLD

Sold | House | ID# 11811100605

  • 4 Bed
  • 2 Bath
  • 2 Car

42 Hanover Drive, Pimpama QLD 4209

SOLD $445,000 !!

$435,000+

Affordable Family Home - NRAS Approved!

Positioned on an oversized corner block, this modern NRAS approved home offers an affordable opportunity into one of South-East Queensland’s most promising growth corridors and would be the perfect addition to anyone’s property portfolio.

- NRAS approved*

- Master with ensuite and A/C

- Separate air conditioned living space

- Modern kitchen with gas cooking

- Contemporary main bathroom with separate toilet

- Undercover entertaining area joins the interior dining space

- Large grassy fenced backyard

- 5,000L water tank

- Double auto garage

- Land Size: 600m²

- Current NRAS rent: $352 per week

- Lease Expires: 11/02/18

- Water Rates: $1,583 pa approx.

- Council Rates: $1,572 pa approx.

- Year Built: 2012

Poised for future growth and offering great returns, this NRAS approved home is a no brainer for the astute investor. Pimpama is one of the leading growth suburbs on the Gold Coast and is perfectly positioned just a short commute North to Brisbane CBD and South to the sandy beaches of the coast. The suburb is on the move with substantial developments including the $1 billion Coomera Town Centre, and upgrades to numerous other local amenities all within a ten minute drive.

*This home is an approved dwelling for the National Rental Affordability Scheme (or NRAS), a Government partnership that aims to supply affordable rental accommodation. To compensate owners for letting the property at a 20% reduced weekly price, NRAS provides a substantial annual incentive for up to 10 years. This incentive far outweighs the cost of reduced rent, leaving the owner in a positive net position at years end.

For more information regards the NRAS incentive, please do not hesitate to follow the below link or contact The Sam Westaway Team.

https://www.dss.gov.au/our-responsibilities/housing-support/programs-services/national-rental-affordability-scheme/national-rental-affordability-scheme-frequently-asked-questions-1#invest

Property Type House
Property ID 11811100605
Street Address 42 Hanover Drive
Suburb Pimpama
Postcode 4209
Price $435,000+