Under Offer

North Gold Coast, QLD

Real Estate Business

(REF: 1326)

This property management business has been organically grown by the current owners who are strategically transitioning towards retirement. We are sourcing expressions of interest from purchasers interested in acquiring a high yielding, tightly concentrated, and well managed residential property management business located on the Gold Coast.

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

Portfolio highlights

Annual Management Fees $579,967
Number of Managements 211
Average Annual Management Income per Property $2,749
Average Weekly Rental Value $737
Average Management Fee 7.14%
Price $1,914,000
Multiplier $3.30
Under Offer

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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.