This sold rent roll comprises 433 residential properties in Springwood, Queensland. Annual management fee income is $608,798 and total annual income is $640,000, with an average residential management fee of 7.58% and average weekly rent of $356.
Written by us from the broker's listing. Read the full listing on The Rent Roll Broker's site.
Key facts
Portfolio
Property type
Residential
Properties
433
Property mix
433 residential
Average weekly rent
$356
Location
Logan – Beaudesert, QLD
Suburbs mentioned
Springwood
Income
Annual management income
$608,798
Other fee income
$31,202
Total income
$640,000
AAMI (per property)
$1,454
Average management fee
7.58%
Price
Price type
Fixed price
Price
$1,550,000
Multiple
2.55× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
26 Jan 2021
Sold
Already sold when we first saw it
Broker reference
RRB502
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB502). Last checked today. Always confirm details with the broker.