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
- 36 Residential Properties with 44% Houses.
- Covering mainly Maudsland, Upper Coomera and Pimpama.
- Low number of multiple property landlords.
- 0% vacancy rate.
- Income P.A. from Management Fees and Rent Collection $63,754
- Average Management Fee 7.38%
- Average Annual Management Income (AAMI) $1,788 per property (Houses).
- Average Annual Management Income (AAMI) $1,486 per property (Units/Townhouses).
- Average Weekly Rent $464.85 (Houses)
- Average Weekly Rent $380.00 (Units/Townhouses)
- Rent Roll for sale at $2.75 per $1.00 Income.
- Total Purchase Price $175,323