It’s not often that a Rent Roll of this quality comes to the market. This is a great chance for you to grow your presence in the Wynnum/Manly + surrounding areas.

With an AAMI of over $2,200 per property, this is a fantastic opportunity for you to secure an add on to your business. With properties located in nearby suburbs and a low vacancy rate, this will be a profitable addition to your existing portfolio.

Opportunities of this calibre don’t last long, so contact us now to discuss.

Rent Roll information

  • 110 properties
  • Income p.a. from management fees and rent collection $242,378
  • Income p.a. from additional fees and charges $16,000
  • Total income $258,378 per annum
  • Average annual management income [AAMI] of $2,312 per property for houses
  • Average annual management income [AAMI] of $1,853 per property for units/townhouses
  • Average management fee of 7.37%
  • Average weekly rent of $568.55

Rent Roll for sale at $3.35 per $1.00 income.

Total purchase price $811,967