This is a well-managed rent roll of 203 properties, primarily located in the Greater Beenleigh area.
With an average annual management income [AAMI] of over $1,930 and low vacancy rates and arrears, this opportunity won’t last long.
Our seller, with 20 years of industry experience, has successfully operated under a well-known and reputable brand for the past 14 years, and is now looking to retire. This wealth of experience delivers a well-maintained portfolio that will assist a smooth transition for the new owner.
Contact us today to see how we can help you secure this portfolio!
rent roll information
- 203 properties
- Income p.a. from management fees and rent collection $393,205
- Income p.a. from additional fees and charges [pro-rata] $70,649
- Total income $463,854 per annum
- Average annual management income [AAMI] of $1,937 per property
- Average management fee of 7.03%
- Average weekly rent of $527
Rent Roll for sale at $2.95 per $1.00 income.
Total rent roll price $1,159,957