Canberra rent roll for sale

Canberra, ACT

Rent Roll

(REF: 1420)

This rent roll has been organically grown by the current owners who are strategically transitioning from residential property management to focus on other commercial interests.

We are sourcing expressions of interest from businesses interested in acquiring a high yielding, tightly concentrated, and well managed portfolio to extend their footprint throughout Canberra.

In short: Rent roll opportunities of this size and calibre are in short supply. Tender closing at 5pm on the 14th May 2024.

Portfolio highlights

Residential Managements.

Total Annual Management Fees $179,505
Number of Managements 97
Average Annual Management Income per Property $1,851
Average Weekly Rental Value $632
Average Management Fee 5.62%

Commercial Managements.

Total Annual Management Fees $4,922
Number of Managements 1 property / 6 tenancies
AAMI per Property/Tenancy $4,922 / $820
Average Monthly Rent per Property/Tenancy $15,040 / $2,507
Average Management Fee 2.73%
Price $567,000
Residential Multiplier $3.10
Commercial Multiplier $2.10
Canberra rent roll for sale

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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.