Mermaid Beach, Queensland

Central Gold Coast Rent Roll!!

SOLD

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: SOLD Net Profit: $25,700

Complex Information

Complex Type: n/a

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Nine-property rent roll located in the Central Gold Coast, providing clear geographic appeal.
2. Generates $25,700 net annual income, stated as net profit in the listing.
3. Average tenant rent of $650 per week, indicating mid to high rental rate per dwelling.
4. Zero vacancies across the nine rentals, demonstrating strong occupancy and tenant retention.
5. No rental arrears reported, implying reliable rental cashflow and effective rent collection.
6. All property inspections are up to date, reflecting compliant management practices.
7. Two owners each hold two properties within the roll, suggesting partial owner concentration and potential relationship management considerations.
8. Positioned as an ideal add-on acquisition for existing portfolios, indicating strategic fit for scale-up buyers.
9. Small, manageable portfolio size suited to buyers seeking immediate income with limited operational complexity.
10. Listing marked as SOLD, so availability may be limited or completed; enquiries were directed to Gavin while active.