Fantastic opportunity to purchase a small add on to your existing portfolio, or this represents a great start to a property management business.
The rent roll consists of 8 properties located in Brisbane’s northern suburbs.
With a low vacancy rate, this is an attractive option to expand your property management presence.
rent roll information
- 8 properties
- Income p.a. from management fees and rent collection $11,528
- Income p.a. from additional fees and charges $1,500 [projected]
- Total income $13,028 per annum
- Average annual management income [AAMI] of $1,441 per property
- Average management fee of 6.0%
- Average weekly rent of $460
Rent Roll for sale at $2.50 per $1.00 income.
Total purchase price $28,821