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Ref# 818028

Contact for price

Well Run Eastern Suburbs Rent Roll Parcel

OVERVIEW:
Rent Roll of approximately 123 properties

RENT ROLL:
Approximately 123 residential properties
Annual income from Management Fees and Rent Collection of $148,182.91
Annual income from Extra Fees and Charges of $24,130.43
Average Annual Management Income (AAMI) per Residential Property is $1,204.74
Blackburn, Croydon, Wantirna and surrounding suburbs
Residential Rent Roll: $518,640.17 or $3.50 per $1.00 income

BROKER’S NOTES:
The opportunity to purchase an A1 parcel of properties from one of the most astute Agencies in the East. Key advantages are as follows: Realistic Property Management Fees (reducing the chance of landlord attrition through price matching) Back of house paperwork and compliance A1. Well managed but not over managed (happy landlords paying a happy fee) Low risk Landlord ownership ratio. Average and above average weekly rents (meaning low maintenance, thus low service costs) All of which equal higher profit margin per property per year. Someone else has done the hard yards so you can make the money. Call me directly.


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Deed of Confidentiality +

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