Current NRAS Availability 2016.
The government’s NRAS Scheme has given property investors a huge advantage in cash flow over traditional property investing.
As you may or may not be aware, the current government is no longer awarding any allocations for new NRAS properties. If you already own an NRAS investment property this will not affect you, the scheme will continue for the 10 years as per your NRAS agreement.
There are still occasionally NRAS properties that become available for sale, typically we see these become available because:
- A developer has not yet released/finished a project
- Final Finance approval has failed due to change of a clients circumstance
- An investor has had to sell their investment i.e. due to illness, divorce or moving overseas.
When these properties become available our Strategic Partner “LJ Hooker Projects Adelaide” is often the first to know, these NRAS properties typically do not stay on the market for more than 48 hours, there are many people looking for NRAS properties as they have become quite a commodity. Unfortunately for our clients; we do not always get a chance to inform them quick enough and other investors snap them up; this is why we have put together this NRAS availability list to send to our client as opportunities arise.
If you wish to find out what NRAS listings we have available please…
What is NRAS?
The National Rental Affordability Scheme (NRAS) is a Government Scheme which provides the investor with a tax free financial incentive of more than $100,000 over 10 years.
To participate in the scheme, your brand new investment property must be rented out at least 20% below market rate. In return you will receive the NRAS Incentive annually for 10 years. This tax free NRAS incentive is paid annually and is indexed to the rental component of the CPI.
Originally $8000 tax free per annum at NRAS inception, it has grown substantially since then.
NRAS is not a public housing program. It is a tax incentive to induce more private investment in the lower price range of the residential construction market.
PIE are NRAS Specialists
PIE has undergone a comprehensive process of ‘due diligence’ and sorted through the available NRAS opportunities.
PIE has undergone years of due diligence in the various NRAS Management Platforms (NMP’s) having being involved with NRAS since before its release in April 2009. As a direct result of this extensive understanding and investigation into all the NRAS
The ‘PIE Investment Program’ can offer the greatest choice of outstanding NRAS opportunities to our clients.
Property Investment Educators (PIE) uniquely has access to the largest amount of NRAS allocations in SA and Interstate, giving the investor access to not just one NRAS ‘model’ and it’s specific
opportunities, but many.
Not all NRAS platforms create the same outcome for the investor.
NRAS is seen by the “PIE Investment Program” as an outstanding opportunity that should be viewed as “added value” to an already sound investment. We do not promote the purchase of any property with the sole reason of it being NRAS.
There are many other considerations, not the least of which are the location of the property and the effect of the property on the investors cash flow.
No matter how good an investment appears to be (i.e. the potential return) to be effective you MUST be able to afford to ‘run’ your investment on an ongoing basis.
PIE MAXIMISES your NRAS outcome.
In combination with the ‘PIE Process’, applying NRAS to an investment property enables many of our clients to purchase a ‘brand new’ tax effective investment property that has a potential cash flow positive outcome from the first year.
Because all of our calculations are conservative and transparent, the holding cost we present is a worst case scenario.