If you’re looking for an income boost for 2023 then we have the perfect opportunity for you.
With 89 properties across Ferny Hills + surrounding suburbs, this is a great add on portfolio to your already successful business or, alternatively, a great starter option for those looking to expand into property management.
rent roll information
- 89 properties
- Income p.a. from management fees and rent collection $161,623
- Income p.a. from additional fees and charges [combined with various portfolios for this seller] $57,597
- Average annual management income [AAMI] of $1,815 per property
- Average management fee of 7.31%
- Average weekly rent of $478
Rent Roll for sale at $2.90 per $1.00 income.
Total purchase price $468,707