We have a great rent roll of 106 properties located in Brisbane’s inner south-west.
If you’re looking to expand your business into property management, this could be the perfect starter portfolio for you. Alternatively, this is likely to be a great addition to your already successful property management business.
With properties within neighbouring suburbs and with a low vacancy rate and arrears, this would be a great opportunity.
rent roll information
- 106 properties
- Income p.a. from management fees and rent collection $187,188
- Income p.a. from additional fees and charges $36,733
- Total income $223,921 per annum
- Average annual management income [AAMI] of $1,765 per property
- Average management fee of 6.81%
- Average weekly rent of $496
Rent Roll for sale at $3.00 per $1.00 income.
Total purchase price $561,564