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Whitsunday area Agency & Rent Roll
OVERVIEW:
Rent Roll of approximately 246 properties
RENT ROLL:
Approximately 207 residential properties, 6 commercial properties & 33 sheds
Annual income from Management Fees and Rent Collection of $385,628.43
Extra income from fees & charges $71,075.34
Average Annual Management Income (AAMI) per Residential Property is $1,788.05
Cannonvale, Jubilee Pocket, Proserpine and surrounding suburbs
Residential Rent Roll for sale at $962,328.03 or $2.60 per $1.00 income
Commercial Rent Roll for sale at $16,933.32 or $2.00 per $1.00 income
Sheds Rent Roll for sale at $10,553.41 or $1.50 per $1.00 income
AGENCY:
Over $754,000.00 commission received last 12 months
Approx. $7,640,000.00 value in current listings
Rent per month $4,152.50
Office size 151sqm
Lease Expiry 30/09/2023
Renewal option 3 years
Agency for sale at $40,000.00
Asking price for Rent Roll & Agency: $1,029,814.76
BROKER’S NOTES:
Golden opportunity to own your own Business in a location where lifestyle is everywhere you look! The Average Annual Management income is almost $1,800 per property with the added income generated by the Extra Fees & Charges. Over the last 12 months this income saw an added $71,000 come into the Business which is around 19% additional income! With a Rent Roll like this that is large enough for the income to cover the majority if not all of your outgoings the income from sales then become the icing on the cake.
Move now to secure your future lifestyle!