$967,443
For Sale
Greater Southeast Queensland Rent Roll
OVERVIEW:
Rent Roll of approximately 162 properties
RENT ROLL:
Approximately 130 Residential properties
Approximately 32 Commercial properties
Annual income from Management Fees and Rent Collection of $335,756.35
Extra income from fees & charges $49,658.13
Average Annual Management Income (AAMI) per Residential property is $2,101.93
Average Annual Management Income (AAMI) per Commercial property is $1,953.30
Residential Rent Roll: $792,427.23 or $2.90 per $1.00 Income
Commercial Rent Roll: $175,015.62 or $2.80 per $1.00 Income
TOTAL ASKING PRICE FOR RENT ROLL: $967,442.86
BROKER’S NOTES:
We are pleased to present an exceptional opportunity to acquire a highly profitable rent roll business throughout South-East Queensland. The thriving business not only offers strong financial returns but also provides the chance to capitalise on the area’s growth and booming infrastructure investment.
The Rent Roll comprises a diverse portfolio of well-maintained properties, ensuring steady and reliable income. Strong occupancy rates and consistent rental income contribute to the business’s robust financial health. Detailed records and a solid management system are in place, ensuring a smooth transition for the new owner. Investing in this rent roll offers a unique blend of financial security and is ideal for a Start-Up business with the ability to “walk-in, walk-out,” complete with office building, perfectly located on a busy road in the Gold Coast or as an excellent addition to your existing rent roll.
A Property Manager may also be available, and the Seller is open to remaining with the business for a negotiated period of time to assist with the transition and ensure maximum retention.
I encourage you to enquire today as demand is strong for rent rolls in this greater South-East Queensland corridor.