This highly regarded and well-respected Rent Roll is ready for sale to an Agent looking to take their career to the next level and at an entry price suited to most budgets.
Alternatively, it is perfectly suited as an excellent addition to your existing rent roll. Minimal vacancies and arrears and superbly managed.
The complete agency and sales business is available via negotiation.
rent roll information
- 55 properties (51x residential, 4x commercial)
- Over 65% of rent roll located in top 2 suburbs
- Income p.a. from management fees and rent collection $100,114.12
- Income p.a. from additional fees and charges $14,787.27
- Total income $114,901.39 per annum
- Average annual management income (AAMI) of $1,847.96 per property – residential
- Average annual management income (AAMI) of $1,467.03 per property – commercial
- Average management fee of 7.74% – residential
- Average management fee of 4.76% – commercial
Rent Roll for sale at $2.45 per $1.00 income – residential.
Rent Roll for sale at $2.00 per $1.00 income – commercial.
Total purchase price $242,639