This well established property management business holds an extremely successful position in the Sunshine Coast Hinterland market.
The rent roll of 153 properties has been expertly managed with minimal vacancies and arrears.
Brilliant opportunity for a combination of cash flow and exceptional lifestyle in this outstanding location.
The premises are available for lease and unencumbered plant and equipment are available for purchase.
Rent Roll information
- 153 properties
- Income p.a. from management fees and rent collection $293,712.81
- Income p.a. from additional fees and charges $29,950.80
- Total income $323,663.61 per annum
- Average annual management income [AAMI] of $1,919.69 property [residential]
- Average management fee of 8.28% [residential]
- Average weekly rent of $444.24
Rent Roll for sale at $2.90 per $1.00 income.
Total purchase price $851,767.15
$30,000 for agency and unencumbered plant and equipment.