Peace of mind for NRAS property owners
Elevate Residential has a comprehensive understanding of the National Rental Affordability Scheme (“NRAS”) and manage the almost 400 NRAS allocations under BHC’s responsibility. These properties are spread over a range of mixed tenure properties in Queensland and the team provides full property management services to both tenants and owners within these properties.
NRAS can be challenging and time-consuming to interpret, and the required reporting requirements can be complex. By choosing a real estate team who truly understand NRAS you will ensure that you maximise the return on your investment.
Transitioning smoothly to market options after NRAS expiry
In 2018, the 10-year NRAS expiry commenced for some properties and continues until the program concludes in 2026. The Elevate Residential team has successfully assisted almost 100 owners to the mainstream market following expiry of their NRAS incentive.
It’s our priority to ensure that your investments continue to perform strongly and that the transition out of NRAS is managed smoothly for both you and your tenants. Whether you are interested in continuing to rent your property after its exit from NRAS or wish to sell, the Elevate team can assist you.
To find out more about the options available to you, please contact us.
Keeping in touch
We are committed to keeping up to date with the latest changes and updates to NRAS. We also have a regular NRAS newsletter which highlights the latest NRAS and market news – to find out more and subscribe to this update- please email nrasmanagement@bhcl.com.au .