This established rent roll comprises 153 managements across Brisbane’s southern suburbs and surrounding areas, including Pimpama. Annual gross management commissions are stated at $347,030.17, with an average residential commission of 5.69% and average weekly rent of $779.51. Existing staff are available to transfer, and the portfolio operates on Property Tree.
Written by us from the broker's listing. Read the full listing on QLD Rent Roll Brokers' site.
Key facts
Portfolio
Property type
Residential
Properties
153
Property mix
Not disclosed
Average weekly rent
$780
Location
Brisbane – South, QLD
Suburbs mentioned
Sunnybank Hills, Sunnybank, Upper Mount Gravatt, Calamvale, Eight Mile Plains, Pimpama, Runcorn
Income
Annual management income
$347,030
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,305
Average management fee
5.69%
Price
Price type
Fixed price
Price
$989,036
Multiple
2.85×
GST basis
Excluding GST
Sale details
Status
For sale
Staff
Existing staff available to transfer and continue with the rent roll
Office
Not disclosed
Software
Property Tree
Reason for sale
Seller seeks a quick and straightforward transaction