SOLD – Lower North Shore Rent Roll

Residential rent roll with 93 PUM (93 residential, 0 commercial). Generating approx. $211K pa in management income (fully tenanted). Residential AAMI of approx. $2,274 per property per annum. Average fortnightly rent of $1,531, weekly rent of $1,000, and monthly rent of $3,745 per property. Average management commission of 5.28% plus GST. Additional letting, tenancy agreement, and sundry fees totaling approx. $71K over the last 12 months. Average ownership of 1.31 properties per owner.