$401,742
For Sale
Predominantly Sunshine Coast Hinterland Rent Roll
OVERVIEW:
Rent Roll of approximately 72 properties
RENT ROLL:
Approximately 65 Residential properties
Approximately 7 Rooming properties
Annual income from Management Fees $139,397.41
Extra income from fees & charges $10,694.91
Average Annual Management Income (AAMI) per Residential property is $2,048.01
Average Annual Management Income (AAMI) per Rooming property is $896.67
Residential Rent Roll: $386,050.07 or $2.90 per $1.00 Income
Rooming Rent Roll: $15,691.74 or $2.50 per $1.00 Income
TOTAL ASKING PRICE FOR RENT ROLL: $401,741.81
BROKER’S NOTES:
Discover a rare opportunity to acquire a boutique rent roll located in the highly sought after Sunshine Coast Hinterland.
With a condensed geographic spread and clientele featuring predominantly long-term property investors, this Rent Roll is a great way to cement your presence in the Sunshine Coast or expand into the Hinterland.
Nambour is a thriving local community being the administrative capital of the Sunshine Coast region and the beating heart between the ocean and the forests. With a projected median rent outpacing the rest of QLD and sale prices 8% higher than they were 3 years ago, investors and residents alike are flocking to the Sunshine Coast and this is your chance.
This quality rent roll features an above average management fee of 7.50% (exc GST), an increase on what we’ve seen for competitors rent rolls, and a projected annual income of almost $140,000, you won’t want to miss this opportunity.