This is a fantastic opportunity to purchase a successful and profitable rent roll.

The rent roll consists of 162 properties located predominately in Gold Coast North.

With a zero vacancy rate, this is an attractive option to expand your property management presence in the Gold Coast.

Rent Roll information

  • 162 properties
  • Income p.a. from management fees and rent collection $246,484
  • Income p.a. from additional fees and charges $35,578
  • Total income $289,882 per annum
  • Average annual management income [AAMI] of $1,569 per property – residential
  • Average annual management income [AAMI] of $1,563 per property – commercial
  • Average management fee of 6.57% – residential
  • Average management fee of 7.2% – commercial
  • Average residential weekly rent of $459
  • Average commercial monthly rent of $1,808

Rent Roll for sale at $2.00 per $1.00 income for commercial properties and $3.25 per $1.00 income for residential properties.

Total purchase price $816,713