Canberra Southern Suburbs, ACT
Residential Rent Roll
This is a quality opportunity to acquire a profitable, well-managed rent roll of 163 residential managements generating $352,181 in annual management fees, plus meaningful ancillary fee income. The portfolio is 100% residential and tightly concentrated in Canberra’s blue-ribbon Tuggeranong Valley suburbs. Strong management fees, high weekly rents, low ownership density and solid ancillary fee collection make this a high-yielding portfolio, well-suited to an expanding property management agency or a stand-alone masthead buyer seeking an immediate foothold in Canberra’s south.
In Short: Currently negotiating.
(REF #1644)
Portfolio highlights
Residential Managements.
| Total Annual Management Fees | $352,181 |
| Number of Managements | 163 |
| Average Weekly Rent | 6.94% |
| Average Management Fee | 6.94% |
| Average Annual Management Income per Property | $2,161 |
Asking Price.
| Expressions of Interest |
Disclaimer: All prices are net of GST unless otherwise specified. This information is provided for general purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.