This parcel of 4 properties are all located within West End, in the same complex.
The current managing agent is not local to the area. This sale would definitely suit an agent with properties in Inner Brisbane suburbs.
All properties are owned by different landlords.
Rent Roll information
- 4 properties
- Income p.a. from management fees and rent collection $6,259.75
- Income p.a. from additional fees and charges $1,370.82
- Total income $7,630.57 per annum
- Average annual management income [AAMI] of $1,564.94 property [residential]
- Average management fee of 7.75% [residential]
- Average weekly rent of $387.50
Rent Roll for sale at $2.50 per $1.00 income.
Total purchase price $15,649.38