Lower North Shore Rent Roll

Rent roll comprising 116 PUM (101 residential, 15 commercial). Producing around $297.5K per annum in management revenue at full occupancy (ex GST). Residential rents average $572.00 per week, $1,380.37 per fortnight, and $3,466.45 per month per property, while commercial tenancies average $16,724.06 per month. The portfolio is managed at an average commission rate of 5.32% + GST, with an AAMI of approximately $2,564.56 per property per year (ex GST).

Over the last 12 months, leasing, other, and recovery income totaled $42,730.68 (ex GST, excluding AirBnB fees), with a further $6,713.57 generated from advertising, reletting, and sundry charges. On average, each owner holds 1.61 properties within the portfolio.