The government has confirmed that new builds and off-plan properties will be exempt from the upcoming tax changes for residential property investors. Therefore mortgage interest will likely continue to be deductible as a tax expense, and these properties will also be exempt from the extension of the bright-line test.
New build apartments and terrace homes also often have lower LVR requirements and potentially lower interest rates.
To read a full analysis of all these benefits CLICK HERE.
NXN APARTMENTS
COMPLETED
On the fringe of Nixon Park, NXN is a premier apartment block located in a cul-de-sac offering convenience, security and space – an exclusive lifestyle opportunity extending to Kingsland Village and all the vibrancy on offer. Generously proportioned, with magnificent views and superior attention to detail, there are a limited number of luxury homes on offer for a short period of time.
| 2 bed | From $1,360,000 |
| 3 bed Terrace Homes | From $2,215,000 |
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