NRAS bargains in Melbourne?

Got this email today. May be an opportunity to pick up something worthwhile.

It seems to me that some good NRAS deals are picked up by being on mailing lists and developing a relationship with various agents. The one I picked up was not advertised but was bought for 7K less than its original price after 1st deal fell through.

Also, 2nd time around could mean closer to rentable than OTP or even already have tenants in place.

DISTRESSED MELBOURNE STOCK THAT HAS NRAS
WHAT A BONUS!

These properties are not listed on the internet

It is of no surprise to us all that Melbourne has come off the boil! That’s great news for us investors .

Let’s look at units and townhouses in the Melbourne bayside suburbs that are now selling way under what they were in the height of the market. These properties were previously offered and once sold for $380,000-$390,000 off the plan and now our investors are buying them for $345,000. They are either under construction or completed and in boutique complexes.

Carnegie - Click Here to View
Heatherton - Click Here to View
Noble Park - Click Here to View
Dandenong Townhouses - Click Here to View
Dandenong Units - Click Here to View

Prices range from $295,000 - $495,000. We can also show you how to use these NRAS properties as a mortgage reduction program and save up to 17 years off your home loan, as well as buying them at a great price in good solid growth areas.

Look at Dandenong for instance which is about to lift its status to a place of vibrant activity, culture and white-collar jobs! Dandenong is coming into vogue, soon to become Melbourne’s Parramatta.

The State government calls Dandenong the ‘activity centre’. The Victorian government’s key targets for its $290 Million revitalising initiative includes 500 jobs, 4000 new dwellings and a number of improved streetscapes, better leisure and recreational facilities, a rejuvenated Dandenong creek precinct and improved transport system and expanded local and retail economy. (API mag)

These are also Self-Managed Superannuation Fund friendly. Let us show you how you could own one of these outright after 9-12 years by using your super as a deposit.

From $295,000
Market rent $300
http://www.nrasrealestate.com.au/
 
Dandenong is coming into vogue, soon to become Melbourne’s Parramatta.

The State government calls Dandenong the ‘activity centre’.
Yep; fake diamond encrusted thongs and ugg boots,

And; there are plans to open up 25 more tattoo shops, 10 more CES branches, and weather shelters on every second corner for the drug dealers to protect themselves and their clients from the weather while running their activities.
 
Yep; fake diamond encrusted thongs and ugg boots,

And; there are plans to open up 25 more tattoo shops, 10 more CES branches, and weather shelters on every second corner for the drug dealers to protect themselves and their clients from the weather while running their activities.

Too funny - CES hasnt existed for over 10 years ;)


Any Adelaide developers looking for NRAS allocations to place on their stock- PM me pls :)
 
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