Carrara, Queensland
Carrara Rent Roll!!
SOLD
Business Description
Carrara Rent Roll!!
A rent roll comprising 14 rentals in the same complex.
Generating $34,648 in annual income, average monthly management fee equates to $2,887 with an average rent equal to $641.00 per week.
There are zero vacancies and all inspections are up to date.
Ideal as an add-on to one's current portfolio.
Confidential inquiries - Please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $34,648
Complex Information
Complex Type: n/a
Key Investment Insights
1. Rent roll comprises 14 tenancies all within the same complex, simplifying on-site management and coordination.
2. Reported net profit / annual income of $34,648, indicating predictable recurring earnings.
3. Average weekly rent of $641, suggesting mid-market rental yield for the area.
4. Average monthly management fee income of $2,887, demonstrating steady monthly cashflow.
5. Zero vacancies, indicating full occupancy and minimal immediate vacancy risk.
6. All property inspections are up to date, reflecting good compliance and maintenance oversight.
7. Positioned as an add-on acquisition, suited to buyers seeking to scale an existing property or management portfolio.
8. Located in Carrara, providing clear geographic focus for local portfolio consolidation.
9. Listing status shown as SOLD, so the asset is likely no longer available.
10. Complex type is unspecified, so buyers should verify property mix and title arrangements during due diligence.