We’ve just listed a great opportunity in Hervey Bay. This portfolio [with a great combination of 75 residential, 4 commercial and 7 holiday properties] could be the income boost for 2025 that you’ve been waiting for.
With no arrears and a low vacancy rate this should make for an easy transition into your business.
Call us today for more information.
rent roll information – residential
- 75 residential properties
- Income p.a. from management fees and rent collection $114,988
- Average annual management income [AAMI] of $1,533 per property
- Average management fee of 7.16%
- Average weekly rent of $411
- Rent Roll for sale at $2.80 per $1.00 income.
- Total rent roll price – residential $321,966
rent roll information – commercial
- 4 commercial properties
- Income p.a. from management fees and rent collection $2,453
- Average annual management income [AAMI] of $613 per property
- Average management fee of 4.91%
- Average monthly rent of $1,067
- Rent Roll for sale at $2.20 per $1.00 income.
- Total rent roll price – commercial $5,397
rent roll information – holiday
- 7 holiday properties
- Income p.a. from management fees and rent collection $8,101
- Average annual management income [AAMI] of $1,157 per property
- Average management fee of 8.10%
- Average annual rent of $14,379
- Total rent roll price – holiday – sale by negotiation
Income p.a. from additional fees and charges [whole portfolio] $7,221
Total income [whole portfolio]: $132,763
Total rent roll price: $327,363 + holiday POA