This is a rare listing in Brisbane Mid North with the majority of properties located in McDowall, Everton Park, Stafford and Stafford Heights.
The rent roll has been superbly managed with minimal vacancy and arrears.
With an above average AAMI this is an opportunity not to be missed.
Rent Roll information
- 203 properties
- Over 44% of rent roll located in top 2 suburbs
- Income p.a. from management fees and rent collection $376,086.31
- Income p.a. from additional fees and charges $57,313.77
- Total income $433,400.08 per annum
- Average annual management income (AAMI) of $1,852.64 property (residential)
- Average management fee of 7.83%
- Average weekly rent of $453.30
Rent Roll for sale at $3.30 per $1.00 income.
Total purchase price $1,241,085