Family pleaser with views - Real Estate Western Australia

There are exciting times ahead for the
residents of Joondalup with several new
projects underway in the city centre and
a few fe few more mo more re pla planned lann nned ed for
or the
he near nea ear fu futu future. ture re.
Joondalup Health Campus is also set to receive
extensive redevelopment works to include a
general refurbishment (including 30 extra beds),
a new ne new tw two st stor storey orey ey inp inpatient npat atie ient nt war ward ard bu buil building ildi ding ng to
Other important new developments on the horizon include a
performing arts and cultural facility and the multi-use proposed
Ocean Reef Marina, to be located just minutes from Joondalup
Shenton House is a new four storey building
the north, north a two storey extension to the east, east a
being built on the Shenton Avenue site to fi ve storey private hospital, three storey clinical
accommodate a café, church, car parking, school and three storey medical centre; and a two
medical suites, radiological clinic and offi ce storey carpark.
space.
Other important new developments on the
Work is underway on the construction of horizon include a performing arts and cultural
Sentiens Hospital on Grand Boulevard. Th is facility and the multi-use proposed Ocean
facility will comprise a seven storey building Reef Marina, to be located just minutes from
which will house a private psychiatric hospital Joondalup. Both these projects are in the early
(including consultation suites) accompanied by design and planning stages but are certainly
other commercial land uses including offi ces and
a pharmacy.
developments to watch.
Friday September 30, 2011 19
suburbfocusjoondalup
Facilities set to boost
Joondalup lifestyle
Joondalup
Outstanding 4x2 family home, impressive from the
moment you arrive. Walk through the feature door entry
onto a modern tiled fl oored entry hall. A separate sunken
formal lounge/dining can be used as a Home Theatre. The
main living area comprises of a central kitchen, dining
and family room and a large games room. The beautiful
renovated kitchen with island bench has stainless steel
appliances as well as a shopper’s entrance. The whole
home has high ceilings through-out, an alarm system, a
reverse cycle air conditioner and to the rear of the home
you will fi nd 3 double bedrooms. Walking outside you will
New - Cove Apartments, from $399,000
boasts a limited off er of only 14
accredited, NRAS properties that can
benefi t from an extra $109,000 TAX
FREE.
For a quick comparison, the table
compares two identical properties
with and without the benefi ts of the
National Rental Aff ordability Scheme
including the applicable fees to ensure
your investment property remains
compliant for ten years. To an investor
this demonstrates a stronger rate of
return and the benefi ts of owning such
a property. Furthermore, the increased
NET earnings the investor receives
JOONDALUP’S BEST BUY
22/2 Molloy Promenade, JOONDALUP
INVESTORS looking for an extra $109,000 TAX FREE interested??
from the National Rental Aff ordability
Scheme are TAX FREE. Currently that’s
an extra $9,524 in TAX FREE income
indexed annually in line with the
National rent CPI for ten years.
Why would you buy an investment
property without it. To ensure you don’t
miss out on this limited opportunity,
contact Will Trainer on 0414 934 693.
For further assistance a qualifi ed NRAS
Sales Representative will be on site
from 11am till 4pm 7 days a week.
Contact Will Trainer 0414 934 693
e-mail - will.trainer@raywhite.com
70 Otisco Crescent
fi nd a large pitched pergola covered entertaining area, with
sweeping city views. Extras include a double carport, with
rear access, lovely manicured gardens and ideally located
in a street with private and public schools very close by.
For further information call Lindsay King from First National
Real Estate Patience on 0439 700 100 or 9301 1444.
From $499,000 Open Sunday 1.00 - 1.45pm
Cove Apartments, Joondalup
Will Trainer
Marketing Consultant
m: 0414 934 693
a/h: 08 9399 9901
Parameter No NRAS With NRAS NRAS
Diff erence
Market Rent
$400 $400
$-
NRAS Discount
$ -
-$80 -$80
Actual rent
$400 $320 -$80
Annual incentive / 52 weeks
$ -
$183 $183
Total property income
$400 $503 $103
Property manager cost
$36
$29
-$7
All other QHG costs
$ -
$20
$20
Total Costs
$36
$49
$13
Income net of costs
$364 $454 $90
Net income as % of non NRAS property 100% 125% 25%
will.trainer@raywhite.com.au
www.investinthewest.com.au
The Diff erence With NRAS
25 Pine Valley Pass
CONNOLLY
AUCTION 22ND OCTOBER @ 11AM
(UNLESS SOLD PRIOR)
Hollywood!
• Grand home of 603 sqm
• 7 bedrooms and 7 bathrooms
• Direct gated-access to Joondalup Golf Course
• Never lived in
Open Sunday 1.00 - 2.00pm
Alan Bourke
0411 812 434
Ray White®
WMP Group