This well managed rent roll of 35 properties would be an excellent acquisition requiring minimal additional or administration costs.

33 residential properties and 2 commercial properties.

Majority of properties are located at Bribie Island or within 5km radius.

Rent Roll information

  • 35 properties (33 residential, 2 commercial)
  • Over 68% of rent roll located in top 3 suburbs
  • Income p.a. from management fees and rent collection $49,384.31
  • Income p.a. from additional fees and charges $3,199.50
  • Total income $52,583.81 per annum
  • Average annual management income (AAMI) of $1,408.09 per property (residential)
  • Average management fee of 7.65% (residential)
  • Average weekly rent of $346.52 (residential)
  • Average annual management income (AAMI) of $1,458.60 per property (commercial)
  • Average management fee of 8.5% (commercial)
  • Average monthly rent of $1,430.00 (commercial)

Rent Roll for sale at $2.50 per $1.00 income.

Total purchase price $123,460.77