This excellent Rent Roll would make a sensational addition to an existing portfolio. Covers key high demand rental locations in the popular Oxley and Forest Lake areas and has been well managed with minimal vacancies due to ongoing demand. Ideally suited to a business starter looking at an immediate cash flow for an Agency Practice
rent roll information
- 90 Residential Properties plus 1 Commercial.
- Covering areas of Oxley, Corinda, Forest Lake, Inala and surrounds.
- Income P.A. from Management Fees and Rent Collection $131,375.
- Average Annual Management Income (AAMI) $1,418.36 per residential property.
- Average Residential Management Fee 6.80%
- Average Commercial Management Fee 8.50%
- Average Weekly Residential Rent $403.06.
- Average Monthly Commercial Rent $1,825.
- Rent Roll for sale at $2.80 per $1.00 residential income.
- Rent Roll for sale at $2.00 per $1.00 commercial income.