Rent Roll – Gold Coast North

[ BDAB 201 ]
by Alan Dawson Published

Situated in a significant growth area of the Gold Coast North corridor, this Rent Roll only opportunity covers Coomera, Upper Coomera and Pimpama.

Extremely low vacancy rates and exceptionally well managed with high Average Annual Income and Management Fees.

Outstanding addition to an existing portfolio or great cash flow to link to a start-up business.

RENT ROLL INFORMATION

  • 322 Residential Properties.
  • 89% of rentals within close proximity.
  • Minimal number of multiple property landlords.
  • Very low vacancy rate.
  • Low Arrears.
  • Income P.A. from Management Fees and Rent Collection $535,239
  • Income P.A. from Extra Fees, Charges and Let Fees $60,302
  • Total Income $595,541
  • Average Management Fee $7.56%
  • Average Annual Management Income (AAMI) $1,662 per property.
  • Average Weekly Rent $421.62
  • Rent Roll for sale at $2.95 per $1.00 Income.
  • Total Purchase Price $1,578,956
Alan Dawson
selling agent Alan Dawson

Alan utilises his extensive Real Estate background spanning over 37 years to offer quality industry advice around Real Estate Agency Broking.

During his career Alan has covered over 22 years in Franchising and held State Management roles with significant organisations in the industry. He is a fully licenced Real Estate Agent and Auctioneer and holds a Certificate IV in Training and Assessment.

Alan provides quality executive advisory, decision support and greatly assists with managing organisational change during the Agency sale or acquisitions process.

He has a significant ability to overcome complex business challenges and make decisions using experience based judgement, strong work ethic, integrity and a people first approach. 

A solid transaction, negotiation and communication background allows Alan to work closely with you and support you during your journey ahead.

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