Many builders in SA did not understand what NRAS offered and were reluctant to take up the opportunity. Fortunately we decided to specialise in NRAS more than two years ago and that has seen builders wanting to work with us.
As such we get good stock but nowhere near as much as we can use. Slowly but surely this is changing with the long term future of NRAS assured and the shortage of quality, affordable rental housing growing.
While the NRAS incentives will be here for years to come right now is the time to act. Firstly, interest rates are as low as they may ever be and secondly there are special incentives that end at the of the year.
The SA Government’s $8,500 Housing Construction Grant is available to anyone contracting to buy/build a new home up to December 31...and it's tax free and paid as soon as the slab is poured on your new NRAS investment property well before the property is even finished.
Plus at NRAS4SA we are offering an extra $1,500 until December 31 2013.