This highly regarded 94 Property Rent Roll would make a sensational addition to an existing portfolio and represents an outstanding opportunity.
Covers key high demand rental locations in the popular Mackay area and has been extremely well managed with minimal vacancies and arrears due to ongoing demand.
Ideally suited to a business starter looking at immediate cash flow for an Agency Practice.
rent roll information
- 94 Residential Properties.
- Covering areas of Mackay, North Mackay, Northern Beaches and surrounds.
- Income P.A. from Management Fees and Rent Collection $118,127.
- Additional Income from Letting Fees $18,644.
- Total Income $136,771.
- Average Annual Management Income (AAMI) $1,256.68 per residential property.
- Average Residential Management Fee 6.97%
- Average Weekly Residential Rent $345.38
- Rent Roll for sale at $2.45 per $1.00 residential income