Are you wanting to expand your brand presence in the Logan area and looking to start the new financial year with an income boost? With minimal additional overheads [including staff costs], this rent roll is for you.
The majority of the 83 properties are located in Logan, Slacks Creek and Woodridge. With minimal rent arrears, this is a no fuss rent roll which won’t last long.
Rent Roll information
- 83 properties
- Income p.a. from management fees and rent collection $115,717
- Income p.a. from additional fees and charges $6,038
- Total income $121,756 per annum
- Average annual management income [AAMI] of $1,394 property
- Average management fee of 7.15%
- Average weekly rent of $374
Rent Roll for sale at $2.65 per $1.00 income.
Total purchase price $306,650