Rent Roll Listings
$310,000 AUD
asking price
Gippsland/Latrobe Valley, VIC
region
388
number of properties in rent roll
RRB178
reference number
agency details
A great tree change opportunity in the Gippsland/Latrobe Valley, while still being a couple of hours commutable distance to the city. Available for purchase on a WIWO basis, this agency can include branding, modern main street office space, plant and equipment and staff along with the rent roll portfolio. The agency provided a strong sales income of over $450,000.00 from both residential and rural sales.
rent roll details
The rent roll consists of 288 residential properties and 100 C&I storage containers which generated a combined historical gross income of approximately $230,554.00 per annum last year. This provides a great foundation to further develop the agency upon, and there are existing staff available to assist in the ongoing management of these properties.
So, if you would like to get away from the fast paced life of the city and bring up your family in a more country community in a wonderful part of Victoria, this could be an ideal tree change for you.
6.79%
average management fee residential
5.54%
average management fee C&I
$230,554
annual management fee income
$259,779
gross income for the last 12 months
$216
average rent per week
$762
average management fee per property
Listing Breakdown
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Residential
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Commercial/Industrial
-
Holiday
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Strata / Community