This rent roll of 347 properties is predominately located in the Logan shire.
Experienced property management staff are willing to stay with the rent roll to assist with a smooth transfer.
Located in a commercial area in one of the fastest growing regions in south east Queensland. Growth potential is assured for the astute buyer.
rent roll information
- 341 residential properties
- 6 commercial properties
- Income p.a. from management fees and rent collection $497,877
- Income p.a. from additional fees and charges $71,907
- Total income $569,784 per annum
- Average annual management income (AAMI) of $1,446 per property (residential)
- Average annual management income (AAMI) of $796 per property (commercial)
- Average management fee of 7.69% (residential)
- Average weekly rent of $360 (residential)
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 $1,217,649