South Brisbane, QLD
Rent Roll
(REF: 1416)
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 into the south of Brisbane.
In short: Opportunities of this size and calibre are in short supply. Tender closing at 5pm on the 24th of April 2024
Portfolio highlights
Residential Managements.
| Total Annual Management Fees | $270,960 |
| Number of Managements | 145 |
| Average Annual Management Income per Property | $1,869 |
| Average Weekly Rental Value | $457 |
| Average Management Fee | 7.67% |
Commercial Managements.
| Total Annual Management Fees | $3,471 |
| Number of Managements | 1 properties | 15 tenancies |
| Average Annual Management Income | $3,471 property | $231 tenancy |
| Average Weekly Rental Value | $3,615 property | $241 tenancy |
| Average Management Fee | 8.00% |
| Price | $901,000 |
| Residential Multiplier | $3.30 |
| Commercial Multiplier | $2.00 |
Listing Enquiry
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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.