This is a rare opportunity on the idyllic Sunshine Coast. The rent roll has 263 properties primarily located in the Caloundra area and surrounds.
With a high average annual management fee per property, this rent roll has been extremely well maintained and is an excellent income stream.
The sales agency is a profitable business with a small but successful sales team.
The opportunity is available as a Rent Roll Only Sale or a Full Agency Business if required.
Located in a highly visible location with a good lease available, this really is an opportunity not to be missed.
Rent Roll information
- 263 properties
- Over 45% of rent roll located in top 3 suburbs
- Income p.a. from management fees and rent collection $454,436.87
- Income p.a. from additional fees and charges $59,574.15
- Total income $514,011.02 per annum
- Average annual management income (AAMI) of $1,727.90 property
- Average management fee of 7.36%
- Average weekly rent of $449.49
Rent Roll for sale at $3.00 per $1.00 income.
Total purchase price $1,363,310.62
Sales business + agency
- High profile location
- Good lease available
Sales business and agency for sale at $100,000 including plant + equipment