sold Logan City Council - Rent Roll

Logan City Council, QLD

Rent Roll

(REF #1330)

Pendium Advisory have the pleasure of seeking buyer interest for this specialist property management business being offered for sale by way of an asset sale of the rent roll.

We are sourcing expressions of interest from businesses interested in acquiring a tightly concentrated and well-managed portfolio to extend their footprint into the Logan City Council.

The directors wish to sell their portfolio as they look to transition towards retirement.

In short: Rent roll opportunities of this size and calibre are in short supply.

Portfolio highlights

Total Annual Management Fees $182,461
Number of Managements 129 (121 active)
Average Annual Management Income per Property $1,508
Average Weekly Rent $408
Average Management Fee ex GST 7.12%
Price $547,000
Multiplier $3.00
sold Logan City Council - Rent Roll

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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.