The Property Book

Nerang

OCTOBER

2010

the

Property Book YOUR LOCAL NEWSLETTER & BUYERS PROPERTY GUIDE

AUSTRALIA WOULD BUCK ANOTHER GLOBAL DOWNTURN Why our economy is the envy of the developed world

Depreciation Differences

How much you can claim and when

Going Nowhere Fast Baby Boomers are staying where they are!

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Australia would buck another global downturn Australia‘s economy is the envy of the developed world.

conclusion – there is no speculative ‘bubble’ in the local property market.

Not only did we escape the global downturn with hardly a scratch but we’re in a very strong position to withstand any more external economic shocks.

We have interest rates back up to average levels and government debt at much lower levels than any of our overseas counterparts.

Even if you subscribe to the view that Australian housing is relatively expensive, the sequence of events that would need to occur to spark heavy prices falls is unlikely.

This means that if the US fell into recession again, or even if China’s economy took a turn for the worse, Australia still has the levers to stimulate the local economy.

When it comes to housing, the strength of the local market has overseas investors and commentators all worked up, even given the moderation in price growth experienced over the last quarter. Foreign financial markets are convinced that Australian housing is the next big bubble that is about to burst.

Many major retail and investment banks recently released their perspectives on the situation and they all came to the same

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During the global financial crisis, Australian property suffered only a 4 to 5 per cent fall in price. In the US, the 30 per cent fall in property prices was driven by sub-prime home lending, and the typical oversupply that accompanies high levels of speculation.

In Britain, a similar size fall in prices was driven by a domestic bank credit crunch that was a result of a global credit crisis. Both led to a combination of a collapse in demand and distressed selling.

In Australia we have no subprime lending sector to talk about and a significant undersupply of new housing.

We have interest rates at higher levels, compared with other international economies, so the Reserve Bank could respond to any overseas credit rationing by dropping interest rates

again. Even in the extreme event of another economic storm, which would force banks to withhold new lending, it is unlikely to lead to a wave of distressed selling.

Homeowners with a mortgage are in a strong position. A report from one of the big four banks, considered to be Australia’s largest home loan provider, stated that its average home loan to home-value ratio is only 43 per cent and that 70 per cent of customers are paying their mortgage in advance, and are an average of nine payments ahead.

Australia has an undersupply of housing because of the natural increase in population and immigration.

We have an economy where unemployment is approaching historic lows and incomes are set to rise strongly. If we also take into account strong gross domestic product, retail sales and consumer sentiment indicators, and low mortgage arrears and delinquency rates, doomsayers will continue to be off the mark when it comes to predictions of house price collapses in Australia.

BROADBAND TOO BROAD TO BE VIABLE The Federal Government’s national broadband (NBN) roll out is too broad in its current form to be a viable option, says First National Nerang principal, Mike Gray, warning that uncertainty about the passage of core legislation would undermine the property sector.

“The Communications Minister, Stephen Conroy, says the government is committed to debating and passing the NBN legislation as soon as possible, but there are no bills amongst the 40 to be brought forward when parliament resumes this week to support this statement,” Mike said.

According to Mike, clarification is desperately needed around the legislation of the NBN, particularly in relation to the installation of broadband and in new

buildings.

“Minister Conroy has failed to establish the business case for the NBN and if the government continues to procrastinate, builders will continue to face uncertainty about how to complete their projects,” Mike said.

“This has the potential to negatively impact on regional Australians, who should be the main beneficiaries of the NBN rollout.

“They will begin to doubt the viability and affordability of the scheme, which will cost the average regional homeowner between $4,000 to $5,000 according to predictions by Caryn Kaklas, the Executive Director at Residential Development Council.

Re “This defies the whole purpose “T of the NBN scheme, which looks more and more like being lo

a gigantic, overpriced white elephant, and likely to be as successful as the failed home insulation scheme.”

Mike said legislation is required that would mandate the NBN for new greenfields projects and clarify planning controls to reduce confusion on building sites. This would allay fears that state governments could rush too quickly to implementation.

“The other two key areas that need to be clarified are legislation that grants the competition watchdog new powers and establishing the operating conditions of the NBN companies,” Mike said.

Pssssst... here’s a good tip for buyers, sellers and investors...

ALLISON DOUGLAS from Carrara $100 WINNER Congratulations To Win Our $100 Fuel Voucher Allison answered 3 riddles to be in the draw.

Turn to page 4 to for this months brain teasers !

An easy way to stay “in tune” with the value of your home and the local property market is the Weekly Property Bulletin and - it’s FREE. It’s an easy to read email detailing everything that’s just listed, just sold, price changes, open homes, for rental and news articles all with quality photos and descriptions.

Join thousands of property owners, investors, buyers and sellers that use the Property Bulletin to keep their “finger on the pulse” of the local market. Simply call us on 0755960055 or email sales@nfn.com.au and ask to receive the Weekly Property Bulletin.

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Depreciation Differences Many investors remain unsure about whether it is worthwhile obtaining a depreciation report for a residential property that was built before 1985.

renovations were completed after 1982 (non-residential) or 1985 (residential), they will attract the capital works allowance.

Current tax legislation states that any property built before 18 July 1985 (residential) and 20 July 1982 (nonresidential) cannot claim the capital works allowance as a deduction.

This often results in the investor not thinking to obtain a depreciation report, as they believe that their property is too old. However, it is worth enquiring about any property even one that’s 100 years old!

In the case of older properties, it is worth noting that a capital allowance and tax depreciation report covers not only the capital works allowance but depreciation of plant and equipment as well.This means that all properties that obtain an income by the way of rent should be eligible to claim a deduction for the plant and equipment items contained within the property.

Even if a property is too old to claim the capital works allowance for the building structure, the investor will still be eligible to claim the plant and equipment allowance.

Additionally, if extensions or

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Older Properties Depreciation on the structure of a building is governed by the date that construction began.This may mean that a property might not be eligible to claim depreciation on the original structure. However, investors will still be able to make a claim on the fixtures and fittings within the building.

All eligible assets are valued at the time of settlement regardless of their age. Older properties that have had a renovation are also eligible to claim depreciation on the work completed, even if a previous owner carried out the work.

The effective life of a new building for Australian Taxation Office (ATO) purposes is 40 years (some exceptions apply).This means a brand new property is able to claim the entire construction cost over the life of the property. Properties that are not brand new can claim the residual of the 40 years. For example, if an investment property is 5 years old and its owner wants to claim depreciation on the structure, they have 35 years left of deductions to claim.

Older Property (Year of Construction 1972) Purchase Price

Depreciation Depreciation Year 1 Year 2

Depreciation Year 3

Depreciation Year 4

Depreciation Year 5

$450,000

$6,852

$4,953

$3,860

$3,215

$6,852

Older Property - Renovations (Yr of Construction 1978, Renovations completed 10 yrs ago) Purchase Price

Depreciation Depreciation Year 1 Year 2

Depreciation Year 3

Depreciation Year 4

Depreciation Year 5

$450,000

$9,560

$7,395

$6,252

$5,607

$8,475

New Property (Year of Construction 2010) Purchase Price

Depreciation Depreciation Year 1 Year 2

Depreciation Year 3

Depreciation Year 4

Depreciation Year 5

$450,000

$15,824

$12,113

$10,981

$10,342

$14,017

FUEL VOUCHER WITH THIS MONTH’S BRAIN TEASERS

To o be in with a chance just answer any one of the following Brain Teasers correctly. For every correct answer you will have one chance in the draw.

Submit your answers at www.nfn.com.au/brainteasers Question 1: Throw it off the highest building, and I’ll not break. But put me in the ocean, and I will. What am I? Question 2: I fly, yet I have no wings. I cry, yet I have no eyes. Darkness follows me; lower light I never see.

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New Properties Owners of new investment properties are eligible to claim depreciation on the building structure and the fixtures and fittings in their property.

Question 3: I never was, am always to be, No one ever saw me, nor ever will, And yet I am the confidence of all To live & breathe on this terrestrial ball.

What am I?

Last months answers: 1. They were a couple 2. The accountant was his sister 3. Johnny

The Australian Housing and Urban Research Institute recently completed a survey of 1604 older home owners and found that they’re about as keen on moving house as getting divorced, their partner dying, or finding themselves imprisoned.

The important findings make it clear that if government is hoping for any relief from older Australians to its housing supply problems, it can look elsewhere. 90% of them believe their home is just the right size for them, even after their children have moved out. So, government will just have to put its planning and policy thinking cap back on because its current assumptions are wrong.

Australian homes are considered big by international standards. Take the Canadian view, for instance. Applying that government’s calculation of housing occupants to housing size

Upcoming Events The Nerang Alliance of State Schools hold a “Speaking Out – Public Speaking” competition annually to promote confidence and oratory skills in the public arena. First National Nerang take pleasure in sponsoring this valuable educational event and have done for the past 5 years.

This year it will be held at Nerang State High School at 4pm October 13th, 2010 where students from Years 4 through to 10 from the following schools will compete;• Nerang State High School • William Duncan State School • Worongary State School • Nerang State School • Gilston State School • Canungra State School • Beechmont State School • Numinbah State School We would like to wish the participants all the best of luck!

GOING NOWHERE FAST! and composition shows that 88% of Aussie homes are grossly underoccupied and hence under-utilised.

Older Australians live as singles or couples in houses with three or more bedrooms and they own their homes outright. If just 20% of Baby Boomers were to downsize into smaller accommodation, the vexing housing supply problem would be solved.

Over 55 year olds make up 25% of Australia’s population - that’s 5.6 million people. Over 65 year olds make up a further 13% – 2.9 million people. The over 65 component will grow to 19% by 2021 and when you add the figures together it’s not hard to see that the problem, with immigration thrown into the mix, is getting worse.

To avoid moving into retirement villages or into their children’s homes, which they find ‘distinctly unappealing’, older Australians plan to alter their homes, installing grab rails and ramps so they can stay put. Less than 20% are willing to consider downsizing.

The Australian Bureau of Statistics says there will be between 9.4 and 10 million households by 2021, but that’s reliant on houses being built faster than the population is currently growing.

recreational pursuits and the accommodation of visiting relatives and friends. Plus, instead of passing on that wealth to their children, Baby Boomers intend upon selling their investments and spending the money, so the homeownership will not necessarily be passed to offspring.

Homeownership among young people is falling and this is not a new trend. Australia is certainly one of the most expensive places in the world to buy a house and the chronic shortage of homes means rents will simply continue to increase.

Planners are increasing housing densities and encouraging smaller apartment-style dwellings to cater for a perceived demand that it appears does not exist amongst older homeowners. Perhaps it shouldn’t surprise government when it has been long known that Australians love their traditional quarter acre block, the back yard barbecue and, increasingly, a vegetable patch.

It is Australian families as well as immigrants of the future who will probably occupy inner city and middle suburban ring apartments, which, most likely, will be owned by others.

At current rates, it’s possible that close to 20% of Australia’s larger housing stock will be inaccessible to first home buyers, young families or investors. That ought to markedly change the real estate agents landscape as well.

Adding to the complexity, 1.7 million people own two, three or more properties and Baby Boomers are overrepresented.

They, however, have no intentions of downsizing, considering those extra bedrooms ideal for other

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2010 Australian Agency of the Year

Nerang

NERANG

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Medium Residential Agency

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In The Heart of the CBD! • Great CBD location, walk to everything and everywhere • Three bedrooms • Good tenant in place paying $280pw • Open plan living and dining $245,000 • Rear patio area and wide open Price: space lawn Web: www.nfn.com.au/28075 • Lockup garage Contact: Steve Hayes • Pool and tennis court in complex 0421 643 871

HIGHLAND PARK

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Private,Trendy Townhouse and tennis court • Three bedrooms • Potential rent return of $300-$350pw • Spacious open plan living area Price: $285,000 • Timber laminate flooring www.nfn.com.au/25073 • Covered & enclosed patio area Web: • Lockup garage plus parking bay Contact: Susie Gale 0406 901 350 • Friendly, quiet complex with pool

NERANG

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Backs to Riverside Parkland • Private landscaped yard overlooking riverside parkland • 2 large bedrooms PLUS study • Pet friendly complex • Spacious open plan living $313,000 • New bright modern kitchen with Price: granite benchtops Web: www.nfn.com.au/28081 • Air conditioning Contact: Julie Morgan-Kemp • LU Storage garage 0409 870 301

NERANG

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4 Bedroom Unit!

• Complex includes pool and tennis courts • Four bedrooms - 4th bedroom • CBD location close to everything! has external entry • Open plan design Price: $255,000 • Air conditioning Web www.nfn.com.au/25080 • Covered patio area Contact: Shawn Barber • Extra large grassed courtyard 0404 257 243

VACANT LAND

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Various Building Blocks Build the home of your dreams on one of our many vacant lots for sale.

Lots vary from residential sites, Price: From $250,000 prestige lots with coastal views to Contact: The sales team private acreage lots.

07 5596 0055 What are you waiting for? Call now!

HIGHLAND PARK

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Sweeping Executive Views • Magnificent 689m2 prestige vacant land site • Enjoy dazzling panoramic views of the Gold Coast & Ocean • Ideal quiet cul de sac position to capture uninterrupted views

quick search these properties and more at www.nfn.com.au

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• Surrounded by prestige homes • Located only 15 minutes to beaches and entertainment Auction: 23rd October, 2010 Web www.nfn.com.au/26205 Contact: Shawn Barber 0404 257 243

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

2010 Australian Agency of the Year

Nerang

LOWER BEECHMONT Seller Meets Market • Two bedroom house • Triple carport • Landscaped gardens • Great 662m2 block • Open plan living • Rear covered deck looking over

NERANG Family Starter or Investor • Three bedrooms • Open plan design with separate lounge and dining areas • Separate double lockup garage • Covered outdoor area • Great yard with plenty of room

NERANG Investor’s Delight!

• Four bedrooms • Open plan design • Modern kitchen • Air conditioning • Second living area or study • Large covered entertaining area

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Medium Residential Agency

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the large yard • All this at a townhouse price!

• Be quick to secure this bargain!

Price: Offers Over $299,000 Web www.nfn.com.au/25078 Contact: Paul Moitzi 0423 589 958

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• Terrific location set back from the road • Huge 753m2 block Price: $349,000 Web: www.nfn.com.au/25121 Contact: Paul Moitzi 0423 589 958

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• Double carport • Handy to schools, shops & transport Price: $379,000 Web: www.nfn.com.au/25124 Contact: Shawn Barber 0404 257 243

CARRARA

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Pick Of The Bunch!

• Three bedrooms, ensuite • Tiled open plan living and dining • Terrific modern kitchen • Air conditioning • Private fenced courtyard • Well managed secure complex

WORONGARY

HIGHLAND PARK

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Price: $319,000 Web www.nfn.com.au/25060 Contact: Andrew Davidson 0411 760 600

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Smart Starter!

• Three bedrooms • Walk in robe and open ensuite to master • Open plan living and dining • Modern kitchen with dishwasher • Timber laminate flooring

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• Lockup garage plus plenty of visitor parking

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• Air conditioning • Covered outdoor living area • Loads of off road parking Price: $365,000 Web: www.nfn.com.au/25067 Contact: Shawn Barber 0404 257 243

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HOT Property, Cool Price!

• Long covered outdoor living area • Three good sized bedrooms • Open plan lounge & dining area • Extra large auto lockup garage with bay window Price: $389,000 • Air conditioning Web: www.nfn.com.au/25071 • Big open yard with a great cubby Contact: Shawn Barber house for the kids 0404 257 243

quick search these properties and more at www.nfn.com.au

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

2010 Australian Agency of the Year

Nerang

NERANG So Pretty Inside...

• Four large bedrooms • Open lounge room plus separate meals area • Air conditioning • Rear entertaining deck • Double lockup garage

NERANG

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Medium Residential Agency

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• Close to parks, schools, shops, transport and the M1 Price: $389,000 Web: www.nfn.com.au/28077 Contact: Julie Morgan-Kemp 0409 870 301

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HIGHLAND PARK

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Privacy, Position and Pool!

• Three bedrooms • Tiled open plan living • Air conditioning • Modern kitchen with plenty of storage space • Large covered entertaining area

UPPER COOMERA

Stunning Home, Hot Value!

• 4 car lockup accommodation • 3 bedrooms, ensuite • Low maintenance fully fenced lot backing to parkland • Extra large living room with timber parquetry flooring Price: $399,000 • Separate meals area/family room Web: www.nfn.com.au/28297 • Air conditioning Contact: Steve Hayes • Massive outdoor area with bar 0421 643 871

Swim Into Summer • Three bedrooms, ensuite • Modern galley kitchen • Open plan living and dining with split system air conditioning • Beautiful inground plunge pool • Garage with gated side access

WORONGARY

NERANG

Two Separate Homes!

• 1x 3 bedroom residence • 1x2 bedroom residence • Both with large living areas • Both with good kitchens • Air conditioning to main home • Inviting inground pool

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• Long covered outdoor area • Massive workshed plus garage • Huge 1252m2 lot Auction: 16th October 2010 Web: www.nfn.com.au/26839 Contact: Shawn Barber 0404 257 243

quick search these properties and more at www.nfn.com.au

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• ”Highland Reserve” development includes sport facilities, lakeside walking trails, BBQ areas & more Price: $419,000 Web: www.nfn.com.au/25495 Contact: Shawn Barber 0404 257 243

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Quality Home & Easy Living • Three bedrooms, ensuite • Spacious tiled open plan living • Air conditioning • Covered patio area • Auto double lockup garage • Immaculate estate with pool

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• Inground pebblecrete pool • 902m2 private fenced lot backing to park reserve Price: $399,000 Web: www.nfn.com.au/25079 Contact: Susie Gale 0406 901 350

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• Pet friendly • Close to riverside parkland and handy to Nerang Train Station Price: $435,000 Web: www.nfn.com.au/25047 Contact: Shawn Barber 0404 257 243

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

2010 Australian Agency of the Year

Nerang

NERANG Comfortable Modern Living • 4 Spacious bedrooms • Ensuite to master bedroom • Wonderful modern kitchen • Separate living areas • Air conditioning • Room for a pool

NERANG A Real Surprise Package!

• 4 bedrooms plus ensuite • Office or rumpus room • Separate lounge & family rooms • Large kitchen with gas cooking • Air conditioning plus ceiling fans • Long covered outdoor area

NERANG Big on Style and Size • Four bedrooms, ensuite • Big multi user office/study • Three separate living areas • Beautiful modern kitchen • Wide covered entertaining area • Inground pool and poolside bar

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Medium Residential Agency

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• Double garage with drive through access • 655m2 lot, fully landscaped Price: $459,000 Web: www.nfn.com.au/26021 Contact: Shawn Barber 0404 257 243

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• Sparkling inground pool • Carport with gated entry • HUGE 1025m2 lot Price: $479,000 Web: www.nfn.com.au/27257 Contact: Susie Gale 0406 901 350

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• Double shadesail carport plus gated off road parking • Workshop with power Price: $495-519,000 Web: www.nfn.com.au/25491 Contact: Julie Morgan-Kemp 0409 870 301

WORONGARY

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This Is The Life...

• Three bedrooms, ensuite • Second living area downstairs • Timber flooring • Fireplace & air conditioning • Great covered entertaining deck with mountain views

GILSTON

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Contact: Susie Gale 0406 901 350

LOWER BEECHMONT Deceased Estate!

• 2.15 acre premier hilltop position in the heart of the village • Level to gently sloping • Panoramic views to the Gold Coast and the Great Dividing Ranges - can never be built out

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• 756m2 lot with 2 street frontage • Double garage extends into a huge workshop Price: $459,000

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• 100% usable and cleared • Deep rich soil and fully fenced Price Slashed for Quick Sale!

Price: $569,000 now $495,000 Web: www.nfn.com.au/26871 Contact: The Sales Team 07 5596 0055

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Looking for New in Nerang? • Side access to a 4.5 x 7.5m shed • Landscaped lot backing to reserve • Four bedrooms, ensuite • Hinterland views • Separate big living areas $529,000 • Gorgeous kitchen with European Price: appliances Web: www.nfn.com.au/25055 • 45m2 covered outdoor living area Contact: Susie Gale • Double auto lockup garage 0406 901 350

quick search these properties and more at www.nfn.com.au

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

2010 Australian Agency of the Year

Nerang

CLEAR ISLAND WATERS

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Medium Residential Agency

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MOUNT NATHAN

5 Star Executive Living • Estate boasts pool, tennis courts & more • 3 bedroom executive townhouse • Overlooking lake with immaculate gardens and surrounds • Massive master with ensuite $574,000 • Spacious sunken lounge room Price: Web: www.nfn.com.au/26894 • Large loft plus office/library Contact: Steve Hayes • Large modern kitchen 0421 643 871 • Double auto LU garage

12.5 Acres, Minutes to Town!!

• 12.5 acre (approx) lot, perfect for horses • 3 bedrooms, 2 bathrooms • Beautiful open plan design with timber floors and raked ceilings • Open fireplace

MOUNT NATHAN

ADVANCETOWN

Superb Acreage Lifestyle!

• Four bedrooms plus ensuite • Large open plan living & dining • Media room complete with projector and screen • Long covered entertaining area • Gazebo with outdoor spa

MAUDSLAND Acreage - Hot To Sell!

• Owner wants all offers • 4010m2 landscaped lot • 4 bedrooms, office & ensuite • Separate living areas • Huge covered entertaining area • Inground pool with decking

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• 2334m2 landscaped lot - 100% flat!

• LU steel shed plus gated side access • Double lockup garage Price:

By Negotiation Web: www.nfn.com.au/27253 Contact: Julie Morgan-Kemp 0409 870 301

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• Double garage plus side access to a 2 bay shed • 5 mins to Nerang & Oxenford Price: offers over $679,000 Web: www.nfn.com.au/25022 Contact: Julie Morgan-Kemp 0409 870 301

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Affordable Country Living • 7.5 acre lot with 2 street access • Three bedrooms, ensuite • Spacious lounge, separate rumpus • Modern open plan kitchen • Recycled hardwood floors • Ducted air conditioning

HOPE ISLAND

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• Rear covered deck • Double carport • 3 paddocks and a dam Price: $599,000 Web: www.nfn.com.au/25018 Contact: Julie Morgan-Kemp 0409 870 301

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• Short ride to horse arena and various trails • 9 x 6m two bay shed with power Price: $650,000 Web: www.nfn.com.au/25065 Contact: Shawn Barber 0404 257 243

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Overlooking the 5th Tee • Covered entertaining terrace • 3 double bedrooms; ensuite • Pool, gym & BBQ facilities • Solid polished timber floors Price: Call agent for details • Gourmet stone/gas kitchen Web: www.nfn.com.au/26002 • Large study or TV room Contact: Shawn Barber • Ducted air-conditioning 0404 257 243 • Double garage plus buggy garage

quick search these properties and more at www.nfn.com.au

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

2010 Australian Agency of the Year

Nerang

EMERALD LAKES

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Medium Residential Agency

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GILSTON

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Golf Lovers Dream • Double garage plus buggy storage • Great estate facilities including pool • 28 square executive duplex • Pet friendly property • Three bedrooms, ensuite $699,000 • Ultra modern designer kitchen Price: www.nfn.com.au/26922 • Large open plan living, flexi space Web: & parents retreat Contact: Andrew Davidson • Ducted air conditioning 0411 760 600

Quality Acreage Lifestyle • 4 double bedrooms, ensuite • Formal lounge opening out to a expansive outdoor living area • Separate family and meals area • Modern country kitchen • Double auto garage, 2 bay shed

MOUNT NATHAN

HIGHLAND PARK

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Circumstances = SELL! • Separate wine cellar • Security system and video intercom • 9 acres with amazing views • 3 giant bedrooms, luxury ensuite • Four car lockup garage • 2 massive open plan living areas Auction: Onsite 30th October Web: www.nfn.com.au/27379 • Amazing big designer kitchen Contact: Steve Hayes • Ducted air con & vacuu-maid 0421 643 871 • Stunning pool, Bali hut plus sauna

MOUNT NATHAN

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Stunning Executive Acreage • Huge covered outdoor area with • 4100m2 lot, great street presence outdoor kitchen • Four bedrooms plus large study • Triple garage plus double shed Price: $749,000 • Ensuite and spa to master Web: www.nfn.com.au/25076 • Multiple spacious living areas • Beautiful modern timber kitchen Contact: Paul Moitzi 0423 589 958 • Ducted air conditioning

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Must Be Sold...Yesterday!

• 280 degree breathtaking Gold Coast and Hinterland views • Four queen bedrooms, ensuite • Expansive open living & balcony areas over 2 levels • Huge modern kitchen

MAUDSLAND

quick search these properties and more at www.nfn.com.au

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• Salt water pool with Fijian shellstone surrounds • Double garage plus parking bay Price: $749,000 Web: www.nfn.com.au/25049 Contact: Julie 0409 870 301 Paul 0423 589 958

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50Sqs, Perfect for Dual Living!

• 4000m2 lot with 2 street access • 5 bedrooms plus study • Ensuites to 2 bedrooms • Huge modern kitchen • 3 large living areas • Giant covered outdoor area

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• Shady wrap around verandahs • Town and tank water • 4331m2 lot, fully fenced Price: $720,000 Web: www.nfn.com.au/25068 Contact: Shawn Barber 0404 257 243

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• Inground salt pool with Bali hut • 9x7m shed, carport, double garage • Many more features!

Price: $825 - 879,000 Web: www.nfn.com.au/25020 Contact: Julie Morgan-Kemp 0409 870 301

Office 55

960055

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

WIN! WIN! WIN!

PLUS... there’s 6 x iPads up for grabs!

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