If you’d like to run a rent roll with NO direct competitors in the town, this is a bite-sized opportunity to take your first step into property management with 54 residential properties. Or make your move up to the mountain for that tree change and lifestyle you’ve been promising yourself!
With a high concentration on the Mapleton and Montville area, this will be a very efficient rent roll to manage. Strong AAMI (average annual management income) of $2,305 and a stable portfolio with several long term landlords.
Hinterland living offers the perfect balance of work and relaxation and the business is located just 13 mins from Nambour and 30 mins from the beach at Maroochydore.
Invest approx. $350,000 in the purchase and this rent roll should earn fees of approx. $135,000 per annum. If you have an existing agency it will make a nice addition to your Profit and Loss!
Call Rob on 0423 332022 for the full Information Memorandum!