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.