This is an outstanding well-established business and rent roll opportunity for anyone with a growth strategy in their current business plan.
70% of properties in the 3 most popular rental suburbs of Brisbane Inner South.
Staff included and seller is prepared to stay for a transition period.
This portfolio reflects a low vacancy and excellently managed and is a well-established reputable business.
Rent Roll information – Permanent Letting
- 359 properties
- Over 70% of rent roll located in top 3 suburbs of Brisbane Inner South
- Income p.a. from management fees and rent collection $548,500.44.
- Income p.a. from additional fees and charges $136,930.72
- Total income $685,431.16 per annum
- Average annual management income (AAMI) of $1,527.86 property (residential)
- Average management fee of 6.94% (residential)
- Average weekly rent of $418.80
Rent Roll for sale at $2.90 per $1.00 income.
Rent Roll (Casual Letting) $1.00 per $1.00 income.
Sales business + agency
- High profile location.
- Prominent brand.
- Lease available.
- Great cash flow.
Sales business and agency for sale at $95,000 including unencumbered plant + equipment.