SOLD – North Shore Rent Roll

Rent roll with 116 PUM (101 residential, 15 commercial). Generating approx. $297K pa in management income (fully tenanted). Residential AAMI of approx. $2,565 per property per annum. Average fortnightly rent of $1,380, weekly rent of $572, and monthly rent of $3,466 per residential property. Average monthly commercial rent of $16,724 per property. Average management commission of 5.32% plus GST. Additional leasing fees, other revenue, and recovery revenue totaling approx. $43K over the last 12 months (excluding Airbnb fees). Advertising, reletting, and sundry fees totaling approx. $7K over the last 12 months. Average ownership of 1.61 properties per owner.