$1,331,313
For Sale
Well-Concentrated Brisbane Rent Roll
OVERVIEW:
Rent Roll of approximately 137 properties
RENT ROLL:
Approximately 137 Residential properties
Annual income from Management Fees and Rent Collection of $391,562.52
Extra income from fees & charges $62,510.90
Average Annual Management Income (AAMI) per Residential property is $2,858.12
TOTAL ASKING PRICE FOR RENT ROLL: $1,331,312.57
BROKER’S NOTES:
This rent roll represents an exceptionally well-managed and highly stable portfolio. This opportunity comprises of a well-concentrated organically grown portfolio of 137 managements , resulting in long-standing landlord relationships and excellent client retention. With minimal dependence on multi-property investors, the rent roll has an annual projected management fee income of approximately $391,563, with total projected income exceeding $454,000.
A standout feature of this rent roll is the quality of both the landlords and the properties under management. The portfolio is predominantly comprised of well-presented residential homes and units located throughout Brisbane's desirable inner and middle-ring suburbs, with a particularly strong presence in Tarragindi, Moorooka, Annerley and surrounding areas.
The current owner has operated the business since 2018 and has established excellent systems, consistent management practices and strong landlord engagement, which is reflected in the low arrears profile and overall condition of the rent roll. This presents an outstanding acquisition opportunity for an established agency seeking quality recurring income, a smooth transition and genuine opportunities for future organic growth.