Are you ready to advance your real estate career – a great portfolio of 49 residential properties and 14 holiday apartments plus the option to purchase a ready to go sales office. This is a great opportunity to acquire a well-run rental portfolio with a sales office option. A fantastic starting point for entry into the industry, or a potential second office in the vibrant heart of the Gold Coast.

Business available as rent roll only or rent roll with established sales office.

rent roll information

• 49 residential properties
• 14 holiday properties
• Income p.a. from residential management fees and rent collection $94,596
• Income p.a. from holiday management fees and rent collection $37,966
• Income p.a. from additional fees and charges $32,835
• Total income $162,757 per annum
• Average annual management income [AAMI] of $1,931 per property [residential]
• Average residential management fee of 5.60%
• Average residential weekly rent of $663

sales business + agency

• High profile location
• Great income stream

Total asking price – entire business [sales agency + rent roll]: $395,000

Rent roll only – by negotiation