sold

Geraldton, WA


(REF: #1218)

This commercial rent roll located in Geraldton, has been organically grown by the current owners who are transitioning out of property management towards retirement.

We are sourcing enquiries from businesses interested in acquiring a tightly concentrated and well-managed portfolio to extend their commercial footprint.

Commercial rent roll opportunities are in short supply, especially in regional markets, therefore we recommend getting in touch should you have further interest.

Portfolio highlights


Commercial Managements.

Total Annual Management Fees $85,160
Number of Active Properties | Tenancies 29 | 46
Average Annual Management Income per Property $3,154
Average Monthly Rental Value per Property $3,982
Average Management Fee per Property 6.70%

Storage Unit Managements.

Total Annual Management Fees $17,458
Number of Active Managements 105 units, 1 complex
Average Annual Management Income per Unit $166
Average Monthly Rental Value per Unit $173
Average Management Fee 8.00%
Price $187,779
sold

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Disclaimer: All prices are net of GST unless otherwise specified. This information is provided for general purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.