This is a well-known and respected agency which is part of an Australian wide group, providing superior market positioning.
The rent roll of 439 properties has been well maintained as evident from the low arrears and minimal vacancies.
The majority of managed properties are located in Springwood, Slacks Creek and Rochedale.
The sales agency, including premises lease and equipment, is available as an inclusion with the rent roll purchase price.
The office is located in a commercial activity area in one of the fastest growing regions in south east Queensland. Competitive rent and a near-new fit out ensures growth potential for the astute business owner.
Rent Roll information
- 439 properties
- Over 55% of rent roll located in top 3 suburbs
- Income p.a. from management fees and rent collection $629,044.03
- Income p.a. from additional fees and charges $42,154.55
- Total income $671,198.58 per annum
- Average annual management income (AAMI) of $1,432.90 property (residential)
- Average management fee of 7.54% (residential)
- Average weekly rent of $364.37
Rent Roll for sale at $2.50 per $1.00 income.
Total purchase price $1,572,610.08
Sales business + agency
- Well respected agency
- Prominent brand
- Near new, modern fit out with competitive lease available
- Strong market positioning
Sales business and agency included at no cost with rent roll sale.