Gold Coast, QLD 4211

Price: $369,000

SMALL- MEDIUM RENT ROLL FOR SALE CENTRAL GOLD COAST - HUGE GROWTH POTENTIONAL

43098


For couples who feel they are too young to retire, but don’t want to work for someone else anymore – Here is an opportunity to change your life’s direction!

We are selling our small rent roll, approximately 90 properties, on the Gold Coast. The majority of our properties are within walking distance from each other.

The business can be comfortably managed by 2 people on a 5 day per week basis. It is currently set up for permanent lets, but many properties could be converted to holiday lets after consultation with the lessors.

The business is located in a centrally located shopping precinct with great exposure to foot traffic. There is a huge potential to grow the rent roll and enter the lucrative holiday rental market.

KEY FEATURES:

- Average Annual Management Income (Commissions): $1,275
- Number of Properties: 89 (Lessors: 50)
- Average Management Commission: 7.38%
- Additional Income: ~$52,600
- Weekly revenue: $3,195
- Huge potential for growth and entry into the holiday rental market

If this sounds like something you may be interested in, please contact Jerry on 0490 397 141 for further information.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Contact the Owner

Mobile: 0488 849 770
Enter Phone Code when promted.

View Original Listing: For Sale By Owner