This is an extremely well managed rent roll of 149 properties predominately located in the Greater Ipswich region.

Over 45% of properties are in the top 2 suburbs of Redbank Plains and Raceview with low vacancy rate and minimal arrears.

This would make a great addition to your existing portfolio and add additional cashflow with exceptional demand for rental properties in this location.

Rent Roll information

  • 149 properties
  • Over 45% of rent roll located in top 2 suburbs
  • Income p.a. from management fees and rent collection $170,599.30.
  • Additional income from letting fees and associated charges $37,274.13
  • Average annual management income [AAMI] of $1,144.96 per property [residential]
  • Average management fee of 6.13% [residential]
  • Average weekly rent of $358.21

Rent Roll for sale at $2.30 per $1.00 income.

Total purchase price $392,378.39