First time offered…Owner wishes to retire!!
We are excited to offer this highly desirable and manageable rent roll. Boasting approximately 70 properties predominantly in Newcastle (only 2 properties sit outside of the Newcastle area).
With a strong management fee income this rent roll would be a great asset to an agent’s existing rent roll or would be a perfect buy for any licensed agent/property manager looking to work for themselves and purchase their first rent roll.
If you are active in property management in the Newcastle and Hunter Region then you need to take a serious look at this portfolio. This opportunity won’t last long and has been priced to sell.
The owner is happy to provide a handover/training period of approximately 3-4 weeks to ensure a smooth transition.
Please give Brad Wallace a call on 0422 944 883 to have a confidential discussion about purchasing this portfolio.
Learn more about Newcastle
|R&H Suburb Summary||Houses|
|Number of sales||4|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||-20 %|
|R&H Suburb Summary||Units|
|Number of sales||108|
|Median Rental Price||$500 p.w.|
|Change in Rental Rate (5yr)||2 %|