Purchase available as a Rent Roll only. No vacancies and exceptionally well managed. Great size as an addition to an existing portfolio or great cash flow to link to a start-up business.

 

rent roll information

  • 14 Residential Properties with 50% Houses.
  • No multiple property landlords.
  • 0% vacancy rate.
  • Covering North Lakes, Griffin and Burpengary.
  • Income P.A. from Management Fees and Rent Collection $20,590
  • Average Management Fee 7.50%
  • Average Annual Management Income (AAMI) $1,508 per property (Houses).
  • Average Annual Management Income (AAMI) $1,433 per property (Units/Townhouses).
  • Average Weekly Rent $385.71 (Houses)
  • Average Weekly Rent $366.43 (Units/Townhouses)
  • Rent Roll for sale at $2.60 per $1.00 Income.