This is a great portfolio, extremely well managed with minimal arrears.
50% of this portfolio in 2 suburbs of Brisbane Northern Bayside area.
An easy takeover and transition to your existing business or a perfect cash flow opportunity for a startup agency practice.
Rent Roll information
- 200 residential properties + 2 commercial properties
- Over 50% of rent roll located in top two suburbs
- Income p.a. from management fees and rent collection $288,477.77
- Income p.a. from additional fees and charges $47,031.60
- Total income $335,509.37 per annum
- Average annual management income [AAMI] of $1,442.39 property [residential]
- Average management fee of 7.06% [residential]
- Average weekly rent of $393.18
Rent Roll for sale at $2.70 per $1.00 income.
Commercial at $2.00 per $1.00 income.
Total purchase price $781,493,99.