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.