Home > Current Listings
$3,983,121
For Sale
Substantial Portfolio, Primarily Concentrated around Launceston
OVERVIEW:
Rent Roll of approximately 700 properties
RENT ROLL:
Approximately 630 Residential properties
Approximately 70 other categories
Annual income from Residential Management Fees and Rent Collection of approximately $1,250,000
Annual income from Other Categories Management Fees and Rent Collection of approximately $40,000
Extra income from fees & charges approximately $280,000
Average Annual Management Income (AAMI) per Residential property is just over $2,000
Residential Rent Roll: $3,938,423.30 or $3.10 per $1.00 income
Other Categories Rent Roll: $44,697.53 or $2.00 per $1.00 income
TOTAL ASKING PRICE FOR RENT ROLL: $3,983,120.83
BROKER’S NOTES:
Discover a rare gem within the Tasmanian rent roll landscape – a meticulously curated portfolio primed for growth. With over 600 residential properties nestled in a thriving market, this portfolio yields an impressive average of just over $2,000 per property annually. Beyond residential assets, additional revenue streams come from sheds, storage facilities, and commercial real estate to bolster diversification, all managed with remarkable efficiency, ensuring a low workload for the potential Buyer.
Moreover, the exceptional operational data instils confidence in the portfolio's management, promising sustained profitability. As the sellers realign their focus exclusively on sales, they seek a buyer with an exclusive dedication to rentals. An enticing opportunity arises with a potential referral arrangement, offering a steady pipeline of future business for the potential Buyer.
Elevate your business strategy with this unparalleled opportunity, where financial prosperity and strategic partnerships converge
