Mermaid Beach, Queensland
Central Gold Coast Rent Roll!!
$52,000
Business Description
Central Gold Coast Rent Roll!!
A rent roll comprising 9 rentals across the Central Gold Coast.
Generating $25,700 in annual income.
Average rent paid by tenants equates to $650.00 per week.
Two owners each owning two properties.
There are zero vacancies and no rental arrears.
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: $52,000
Net Profit: $25,700
Complex Information
Complex Type: n/a
Key Investment Insights
1. Rent roll comprises nine rental properties located on the Central Gold Coast, offering a geographically concentrated portfolio.
2. Annual income (net profit) reported at $25,700, matching the business snapshot figure.
3. Asking price $52,000, implying a high net return on purchase; inferred net yield approximately 49 per cent.
4. Average tenant rent reported as $650 per week, indicating a mid-to-high rental market positioning.
5. Zero vacancies reported, signalling full occupancy and immediate income stability.
6. No rental arrears, indicating strong tenant payment performance and low short-term cashflow risk.
7. All property inspections are up to date, suggesting regulatory/compliance diligence and reduced compliance risk.
8. Ownership concentration: two owners each hold two properties, representing four of the nine tenancies and a potential concentration risk.
9. Described as ideal as an add-on to an existing portfolio, indicating suitability for scaling an agency’s management book.
10. Relatively small, manageable rent roll size, suitable for quick integration or owner-operator management.