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