Located in the Hervey Bay area [with properties in the neighbouring suburbs] this excellent add-on portfolio of 22 residential and 3 commercial properties would make an easy transition into your business.
With a high AAMI of over $2,090 for residential and over $1,780 for commercial, it is a great opportunity not to be missed.
rent roll information: residential
- 22 properties
- Income p.a. from management fees and rent collection $46,040
- Average annual management income [AAMI] of $2,092 per property
- Average management fee of 9.09%
- Average weekly rent of $441
Residential Rent Roll for sale at $2.90 per $1.00 income
rent roll information: commercial
- 3 commercial properties
- Income p.a. from management fees and rent collection $5,341
- Average annual management income [AAMI] of $1,780 per property
- Average management fee of 8.80%
- Average monthly rent of $1,780
Commercial rent roll for sale at $2.00 per $1.00 income
Income p.a. from additional fees and charges $6,427
Total income $57,808 per annum
Total rent roll price $144,198