Participation of a suitable dwelling in the NRAS scheme will result in substantially increased investor returns making stock in the scheme attractive to potential buyers.
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Suits dwellings with a price under $430,000
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Pending location 1, 2, 3, or 4 bedroom dwellings may be suitable
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Investor will get the same tax free credit regardless of bed size
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The scheme applies to all forms of dwellings (studios, units, townhouses or detached houses)
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Appropriate number of dwellings will vary pending location.