Coombabah, Queensland
Rent Roll on the GC for sale
Under Contract / Offer
Business Description
This tightly held rent roll, featuring 5 letting appointments within a single building and generating gross commissions of $11,207 annually, offers a unique opportunity to tap into the thriving Gold Coast rental market. With most tenants being very long-term, this portfolio ensures stability and minimal turnover.
The Gold Coast rental market is one of Australia’s strongest, driven by a combination of high demand and limited supply. With its stunning coastline, booming infrastructure, and vibrant lifestyle, the region continues to attract a diverse tenant base, from professionals and families to retirees and interstate migrants. Consistently low vacancy rates and rising rental yields make it an attractive area for property management businesses looking for reliable income streams and growth potential.
This portfolio’s unique positioning in a single building adds efficiency to operations, reducing travel time and allowing for streamlined management. The current owner seeks to sell due to other business interests, making this a genuine sale. Priced competitively for a quick settlement, the owner is also offering a retention period and restraint of trade to ensure a smooth transition.
For buyers looking to capitalise on the strong rental market and secure a stable, well-maintained portfolio, this is a compelling opportunity.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $11,217
Complex Information
Complex Type: PermanentTotal Units in Letting Pool: 5
Key Investment Insights
1. The rent roll is located in the thriving Gold Coast rental market, which offers high demand and limited supply.
2. The portfolio consists of 5 letting appointments within a single building, providing efficiency and streamlined management.
3. The current tenants are long-term, ensuring stability and minimal turnover.
4. The Gold Coast rental market attracts a diverse tenant base, including professionals, families, retirees, and interstate migrants.
5. Consistently low vacancy rates and rising rental yields make the Gold Coast an attractive area for property management businesses.
6. The current owner is selling due to other business interests, making this a genuine sale.
7. The rent roll is priced competitively for a quick settlement, and the owner is offering a retention period and restraint of trade for a smooth transition.
8. This is a compelling opportunity for buyers looking to capitalize on the strong rental market and secure a stable, well-maintained portfolio.
9. The rent roll is managed by Ras360, a specialist in management rights, motels, hotels, pubs, and parks.
10. The portfolio generates gross commissions of $11,207 annually, with a net profit of $11,217.
