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