This large portfolio is located in one of the fastest growing areas of the Sunshine Coast Hinterland region.
It has been expertly managed by three property managers who are looking to move with the sale. Minimal vacancy and high rental return make this an outstanding opportunity.
A mix of mainly residential with small commercial and some storage sheds.
Rent Roll information
- Over 93% of rent roll located in top 3 suburbs of the Sunshine Coast Hinterland region
- Income p.a. from management fees and rent collection $595,703.65
- Income p.a. from additional fees and charges $94,627.73
- Total income $690,331.38 per annum
- Average annual management income (AAMI) of $1,549.26 per property (residential)
- Average management fee of 7.65% (residential)
- Average weekly rent of $386.04
Residential Rent Roll for sale at $2.95 per $1.00 income
Commercial Rent Roll for sale at $2.50 per $1.00 income
Storage Sheds Rent Roll for sale at $1.00 per $1.00 income
Total purchase price $1,700,866.00