Purchase available as a Rent Roll only. No vacancies and exceptionally well managed. Great size as an addition to an existing portfolio or great cash flow to link to a start-up business.
rent roll information
- 14 Residential Properties with 50% Houses.
- No multiple property landlords.
- 0% vacancy rate.
- Covering North Lakes, Griffin and Burpengary.
- Income P.A. from Management Fees and Rent Collection $20,590
- Average Management Fee 7.50%
- Average Annual Management Income (AAMI) $1,508 per property (Houses).
- Average Annual Management Income (AAMI) $1,433 per property (Units/Townhouses).
- Average Weekly Rent $385.71 (Houses)
- Average Weekly Rent $366.43 (Units/Townhouses)
- Rent Roll for sale at $2.60 per $1.00 Income.