This Greater Springfield portfolio comprises approximately 246 residential properties across Collingwood Park, Forest Lake, Springfield Lakes and nearby suburbs. It reports annual management and rent collection income of $525,362.74, plus $57,968.09 in additional fees, with average annual management income of $2,135.62 per property. The rent roll was offered separately or together with the agency business.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Residential
Properties
Approx. 246
Property mix
246 residential
Average weekly rent
Not disclosed
Location
Ipswich, QLD
Suburbs mentioned
Collingwood Park, Forest Lake, Springfield Lakes
Income
Annual management income
$525,363
Other fee income
$57,968
Total income
$583,331
AAMI (per property)
$2,136
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$1,523,552
Multiple
2.9×
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Agency option includes a 73sqm office with a three-year lease and three-year option; annual rent $29,200 plus outgoings and GST, with CPI increases.
Software
Not disclosed
Reason for sale
Owner wishes to step away from the business.
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1250104
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1250104). Last checked today. Always confirm details with the broker.