Looking to expand your portfolio in Noosa and the surrounding areas?

A rare opportunity to acquire a well established rent roll in Noosa and surrounding areas. This portfolio features both residential and holiday letting rent rolls with an impressive AAMI of $4,729 per residential property. This is an opportunity not to be missed.

 

rent roll information [residential]

  • 50 properties
  • Income p.a. from management fees and rent collection $236,439
  • Income p.a. from additional fees and charges $73,250
  • Total income $309,690 per annum
  • Average annual management income [AAMI] of $4,729 per property
  • Average management fee of 7.36%
  • Average weekly rent of $1,244

Rent Roll for sale at $3.30 per $1.00 income.
Rent roll price $780,250

 

rent roll information [holiday]

  • 31 properties
  • Income p.a. from management fees and rent collection $108,132
  • Income p.a. from additional fees and charges $185,623
  • Total income $293,755 per annum
  • Average management fee of 9.16%

Rent Roll for sale at $2.50 per $1.00 income.
Rent roll price $270,330

Total rent roll price $1,050,580