This rent roll opportunity just got even better with a price reduction.
A great way to expand your business or start your own property management business with this portfolio of 194 properties across Beenleigh and surrounding areas. With zero vacancies and low arrears, this should make for easy management.
rent roll information
- 194 properties
- Income p.a. from management fees and rent collection $383,325
- Income p.a. from additional fees and charges $22,835
- Total income $406,160 per annum
- Average annual management income [AAMI] of $1,976 per property
- Average management fee of 7.43%
- Average weekly rent of $510
Rent Roll for sale at $2.65 per $1.00 income.
Total rent roll price $1,015,812