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Quality Whitsundays Rent Roll
OVERVIEW:
Rent Roll of approximately 181 properties
RENT ROLL:
Approximately 132 Residential properties
Approximately 14 Commercial properties
Approximately 35 Shed properties
Annual income from Management Fees and Rent Collection of $306,580.10
Extra income from fees & charges $46,101.88
Average Annual Management Income (AAMI) per Residential property is $2,036.77
Average Annual Management Income (AAMI) per Commercial property is $2,174.52
Average Annual Management Income (AAMI) per Shed property is $208.11
TOTAL ASKING PRICE FOR RENT ROLL: $766,450.25 or $2.50 per $1.00 income
BROKER’S NOTES:
A quality rent roll in the beautiful Whitsundays! Perfect for an experienced property manager looking to relocate to paradise, or easily absorbed into an existing team in a local office.
Featuring diverse income from residential and commercial properties, the portfolio generates over $300,000 in annual management fee income, with an additional $45,000 in other revenue from letting fees, lease renewals and admin fees.
The rent roll is nicely concentrated in the Whitsunday region, with a strong management fee percentage applied to median-level rents. The residential rent roll is almost equally split between houses and units, with an additional 14 commercial properties and 35 sheds.
Office and staff available if required.