A great combination of Permanent and Holiday Rental + Sales income.
This manageable size portfolio suits anyone wanting a lifestyle change situated in this Beachfront Paradise!
Higher than average AAMI for NQ with growth potential. High Occupancy for both permanent and Holiday letting. Extremely well managed with the business owners prepared to stay and assist in sales.
Rent Roll information
- 123 properties
- 55 x permanent, 5 x commercial, 63 x holiday rentals
- Income p.a. from management fees and rent collection $442,699.55
- Income p.a. from additional fees and charges $19,871.30
- Total income $462,570.85 per annum
- Average annual management income (AAMI) of $1,617.35 property (residential)
- Average management fee of 8.95% (residential)
- Average weekly rent of $346.27
Permanent residential rent roll for sale at $2.60 per $1.00 income.
Total purchase price for entire rent roll $1,011,104.00
Sales business + agency
- Lifestyle location
- Lease available or option to buy premises
- Great cash flow link for a start-up business or lifestyle move to the beach
Sales business and agency for sale at $30,000 including unencumbered plant + equipment.