Security of Bricks & Mortar
Your Approved NRAS Property may be an investment house and land package or a completed apartment or townhouse not previously resided in. Questus has Approved NRAS Properties available for sale and participation in Questus Residential Investment Fund (QRIF) can be arranged through Questus Funds Management Limited (see back page).
Property & Tenancy Management
Questus has arranged the approvals from the Government for your Questus property to be an Approved NRAS Property. To maintain compliance with NRAS, it is necessary for the Approved NRAS Property to be managed by an approved property and tenancy manager, so there is no need for you to worry about rent collection or tenancy management.
Increase in Value on Property
Investments in direct property have generally showed consistent returns and have demonstrated to be less volatile than other asset classes and investments such as listed equities. As your underlying investment is direct real property, you will benefit in any capital growth. Any increase in the value of property has taxation implications. On disposal, you should seek your own tax advice.
Other Taxation Benefits
Most property investments offer certain tax related benefits such as depreciation. As an Approved NRAS Property owner you will benefit from other tax deductions such as property management, insurance and interest expenses.
A significant taxation benefit of an Approved NRAS Property is that the Government Incentives are “tax free”, that is either a refundable tax offset or non assessable income. You should seek your own tax advice to find out what tax benefits are available to you.