Purchase available as a Rent Roll only with potential for the complete agency by negotiation. Motivated seller offers this outstanding opportunity and is looking for immediate expressions of interest. Significant income streams are available within the existing portfolio. Covering key Logan area locations, including Crestmead, Kingston, Eagleby and Marsden. Approximately 57% of the properties in the portfolio are Houses. Dual occupancy potential within the existing portfolio would significantly increase income.
rent roll information
- 350 Residential Properties with approx. 57% of Houses.
- Income P.A. from Management Fees and Rent Collection $323,275
- Income P.A. from Extra Fees, Charges and Let Fees $56,410
- Total Income $379,685
- Average Management Fee 5.91% for Residential.
- Average Annual Management Income (AAMI) $1,004.14 (Houses) with potential.