Exceptional opportunity – whether you are looking to expand, or wanting a manageable portfolio to start on your own, this might be the one.

Located in and around Mackay, this well-managed rent roll of 94 residential properties and 9 commercial properties, boasts an impressive residential AAMI of over $2,660.

rent roll information

 Residential

  • 94 residential properties
  • Income p.a. from management fees and rent collection: $250,900
  • Average annual management income [AAMI] of $2,669 per property
  • Average management fee of 8.49%
  • Average weekly rent of $610
  • Residential Rent Roll for sale at $2.50 per $1.00 income: $627,251

commercial

  • 9 commercial properties
  • Income p.a. from management fees and rent collection: $26,200
  • Average management fee of 8.11%
  • Average monthly rent of $2,938
  • Commercial Rent Roll for sale at $2.00 per $1.00 income: $52,400

Income p.a. from additional fees and charges $78,318

Total income $355,418 per annum

Total rent roll price: $679,651