This portfolio is predominantly in the suburb of Emerald. Very low vacancy and very low arrears.
This could be a great ‘add on’ opportunity for anyone wanting to increase their income stream and asset.
Rent Roll information
- 98 properties
- Over 85% of rent roll located in one suburb
- Income p.a. from management fees and rent collection $126,259.79
- Income p.a. from additional fees and charges $23,682.82
- Total income $149,942.61 per annum
- Average annual management income (AAMI) of $1,288.37 property
- Average management fee of 7.75%
- Average weekly rent of $317.27
Rent Roll for sale at $2.35 per $1.00 income.
Total purchase price $296,710.52