Exceptional Rent Roll in high profile Mackay District locations. Fully systemised and extremely well managed with minimal vacancy rates and arrears. Strong revenue streams also contributed through additional charges in the Management Portfolio. Purchase available as a Rent Roll only but other options with an Agency Business may be available for discussion with a suitable buyer. Exceptional addition to an existing portfolio or great cash flow to add to a start-up business.
rent roll information
- 170 Properties.
- Majority of rentals within close proximity.
- Very low vacancy rate.
- Minimal arrears.
- Income P.A. from Management Fees and Rent Collection $309,127.24
- Income P.A from additional Let Fees, and charges $101,228
- Total Income $410,355.24
- Average Annual Management Income (AAMI) $1,818.40 per property.
- Average management Fee 8.72%
- Average Weekly Rent $431.35 (Houses)
- Average Weekly Rent $369.80 (Units)
- Rent Roll for sale at $2.70 per $1.00 Income.
- Total Purchase Price $834,644