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