This small rent roll displays low arrears, minimal vacancies, and great profitability. Properties located in areas with plenty of potential for future growth. Seller is keen for a quick and straightforward sale so they can take advantage of other business opportunities outside of real estate. A great addition to your current rent roll or a start-up business.
Rent Roll information
- 43 properties
- Over 40% of rent roll located in top 2 suburbs
- Income p.a. from management fees and rent collection $51,965.36
- Income p.a. from additional fees and charges $330 per property for advertising + Letting Fee
- Average annual management income (AAMI) of $1,208 per property (residential)
- Average management fee of 6.4% (residential)
- Average weekly rent of $366.41
Rent Roll for sale at $2.20 per $1.00 income.
Total purchase price $114,323.80