Situated on the Cassowary Coast, this portfolio comprises 42 residential properties and 9 holiday lettings. Offering a combination of permanent and short stay managements, this may be the portfolio you’ve been looking for if you’re looking to expand into holiday letting or top up your existing rent roll.

 

rent roll information – residential

  • 42 properties
  • Income p.a. from management fees and rent collection $68,014
  • Income p.a. from additional fees and charges $8,520
  • Total income $76,534 per annum
  • Average annual management income [AAMI] of $1,619 per property
  • Average management fee of 7.72%
  • Average weekly rent of $402

Rent Roll for sale at $2.65 per $1.00 income.
Total rent roll price $180,237

 

rent roll information – holiday

  • 9 properties
  • Actual income from management fees and rent collection for past 11 months $15,587
  • Average management fee of 10%

Rent Roll for sale at $1.00 per $1.00 income.
Total rent roll price $15,587

 

Total rent roll price [residential + holiday] $195,824