$940,944
For Sale
Ballarat: Capitalise on New Home Developments
OVERVIEW:
Rent Roll of approximately 229 properties
RENT ROLL:
Approximately 228 Residential properties
Approximately 1 Commercial property
Annual income from Management Fees and Rent Collection of $285,134.53
Extra income from fees & charges $100,380.21
Average Annual Management Income (AAMI) per Residential property is $1,244.37
TOTAL ASKING PRICE FOR RENT ROLL: $940,943.96 or $3.30 per $1.00 income
BROKER’S NOTES:
We are pleased to present a high-quality rent roll of 229 properties, primarily located in the Ballarat region. This is an excellent opportunity to expand your portfolio with new developments featuring compliant, modern builds, ensuring peace of mind for any savvy operator.
The recent builds, provide compliant properties that meet the latest standards, offering low-maintenance and high tenant appeal. With ongoing infrastructure and development in Ballarat region, demand for rentals continues to rise. Adding these properties to your portfolio can position you to capitalise on this growth.
The majority of properties are in Ballarat (193), a region experiencing significant growth and development. Additional properties are located in Melton (25) and Geelong (14), providing diverse income streams across multiple expanding areas.
Alongside this robust rent roll, there's an opportunity to establish your business in Ballarat with a walk-in, centrally located office, offering high street visibility and convenient access to all amenities (details available upon request).
This portfolio offers a solid opportunity to enhance your rent roll with modern, high-demand properties. Don’t miss out on securing a stable and attractive investment. It won’t last long!