This residential rent roll comprises approximately 128 properties in Burpengary, Morayfield, Narangba and surrounding suburbs. Annual management income is $172,299.81, with a further $21,425.05 in fees and charges, and the portfolio has a relatively concentrated geographic spread. The seller intends to continue operating a small sales-only agency.
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. 128
Property mix
128 residential
Average weekly rent
Not disclosed
Location
Moreton Bay – North, QLD
Suburbs mentioned
Burpengary, Morayfield, Narangba
Income
Annual management income
$172,300
Other fee income
$21,425
Total income
$193,725
AAMI (per property)
$1,346
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$499,669
Multiple
2.9×
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
977209
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 977209). Last checked today. Always confirm details with the broker.