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Ref# 727825

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Bribie Island Rent Roll

OVERVIEW:
Rent Roll of approximately 156 properties

RENT ROLL:
Approximately 135 residential properties
Annual income from Management Fees and Rent Collection of $207,074.72
Extra income from fees & charges $22,510.00
Average Annual Management Income (AAMI) per Residential Property is $1,533.89
For sale at $590,162.95 or $2.85 per $1.00 income

Approximately 21 commercial properties
Annual income from Management Fees and Rent Collection of $52,997.67
Extra income from fees & charges $4,190.00
Average Annual Management Income (AAMI) per Residential Property is $2,523.70
For sale at $151,043.35 or $2.85 per $1.00 income

BROKERS NOTES:
This business has a long history on the island with a solid track record for consistent and quality property management practice. Healthy fee levels deliver robust profit margins in all markets. Seller will be exiting the industry and able to ensure smooth transition to new owners. This portfolio will ‘stand alone’ or presents the opportunity for an existing business to leap-frog ahead of most competitors in terms of property management market share and across-the-board profile.


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Deed of Confidentiality +

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