SOLD – Lower North Shore Rent Roll

Rent roll with 168 PUM (166 residential, 2 commercial). Generating approx. $350K pa in management income (fully tenanted). Residential AAMI of approx. $2,082 per property per annum. Average fortnightly rent of $1,418, weekly rent of $709, and monthly rent of $3,781 per property. Average management commission of 4.98% plus GST. Additional leasing fees, other revenue, and recovery revenue totaling approx. $114K over the last 12 months. Average ownership of 1.11 properties per owner.