- The National Rental Affordability Scheme (NRAS) is a Federal Government
initiative to encourage the construction of a new affordable housing in
Australia.
- The Manager will apply for approval under NRAS for houses, apartments and other
properties (Approved NRAS Property).
- NRAS has allocated $623 million over the next four years to create new affordable
rental properties.
- QRIF has been structured to allow investors who want to invest in bricks and mortar
residential housing, to access the Government Incentives available through NRAS.
- The scheme provides for Federal, State and Territory Government incentives
of a minimum of $8,000 per annum for ten years to an Investor.
- Hassle free investment as your Approved NRAS Property will be
managed on your behalf to ensure compliance with legislation and regulations.
- Government Incentives are indexed and available for a period of ten years for each
Approved NRAS Property.
- The Commonwealth Government Incentives are a refundable tax offset. This means it
will reduce the amount of tax paid in any year.
- The State Government Incentives are non assessable nonexempt income. This means
that the amount is not included in your income (no tax payable).
- Approved NRAS Property managed by professional property and tenancy managers (Property
and Tenancy Managers).
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