$123,263
For Sale
Quality Start-up or Add-on Whitsunday Portfolio
OVERVIEW:
Rent Roll of approximately 19 properties
RENT ROLL:
Approximately 19 Residential properties
Annual income from Management Fees and Rent Collection of $45,653.09
Extra income from fees & charges $17,114.18
Average Annual Management Income (AAMI) per Residential property is $2,402.79
TOTAL ASKING PRICE FOR RENT ROLL: $123,263.33 or $2.70 per $1.00 income
BROKER’S NOTES:
This tightly held 19 property Whitsunday residential portfolio offers buyers an accessible entry point or strategic add on in one of Queensland’s most desirable coastal regions. With a balanced mix of houses and units, strong average weekly rent and a healthy average management fee, the portfolio delivers stable recurring income supported by long term local demand.
Geographically concentrated across Cannonvale, Proserpine, Airlie Beach, Dingo Beach and Shute Harbour, the rent roll benefits from a manageable footprint and a strong landlord to property ratio, Operational indicators reflect a portfolio that has been consistently cared for and is ready for seamless transition. With no managements currently for sale and a clean ownership profile, this is a low risk, income generating opportunity in a high demand lifestyle market.