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