An outstanding extremely well established rent roll only opportunity OR a whole agency business operating for over 20 years.
70% of properties in the 3 most popular rental suburbs of Brisbane Inner South.
Staff are included in the purchase if required to assist with a smooth transition. The seller is also prepared to stay on and assist for a period of time.
Rent Roll information – Permanent Letting
- 344 properties
- Over 70% of rent roll located in top 3 suburbs of Brisbane Inner South
- Income p.a. from management fees and rent collection $538,789.58.
- Income p.a. from additional fees and charges $134,275.00
- Total income $673,064.58 per annum
- Average annual management income (AAMI) of $1,566.25 property (residential)
- Average management fee of 6.92% (residential)
- Average weekly rent of $429.19
Rent Roll for sale at $2.90 per $1.00 income.
Rent Roll (Casual Letting) $1.00 per $1.00 income.
- High profile location.
- Prominent brand.
- Lease available.
- Great cash flow.
Sales business and agency for sale by negotiation including unencumbered plant + equipment.