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Ref# 1382

$1,470,473

Ref# 1382

For Sale


Central QLD – Gladstone Rent Roll & Agency

OVERVIEW:
Rent Roll of approximately 812 properties + Agency

RENT ROLL:
Approximately 812 properties (775 residential, 19 commercial, 1 state government + 1 land)
Annual income from Management Fees and Rent Collection of $735,501.08
Extra income from fees & charges $120,061.88
Average Annual Management Income (AAMI) per Residential Property is $919.00
Gladstone, West Gladstone, South Gladstone and surrounding suburbs
Rent Roll Component for sale at $1,435,473.18

SALES BUSINESS:
Over $27,000,000 in current listings
Lease expiring 2021
Sales Business for sale at $35,000.00

BROKER’S NOTES:
Exceptionally run real estate business. Low arrears and vacancies make this rent roll easily managed with the prospect of some bonus properties to manage.
If you are looking to consolidate your cash flow, this business will do it for you.

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