This well managed rent roll of 241 properties is predominately located in the Greater Ipswich region.
Over 45% of properties are in the top 3 suburbs of Ipswich, Brassall, and Raceview with low vacancy rate, minimal arrears, and well managed.
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
- 241 properties
- Over 45% of rent roll located in top 3 suburbs
- Income p.a. from management fees and rent collection $268,022.60
- Average annual management income (AAMI) of $1,112.13 property (residential)
- Average management fee of 7.26% (residential)
- Average weekly rent of $289.68
Rent Roll for sale at $2.35 per $1.00 income.
Total purchase price $629,853.12