sorry this rent roll has now sold
- Great injection of cash flow for well-established Property Management company
- Ideal for any Property Managers looking to start up their own business
Opportunities like this do not come by often. Owned and operated by a dedicated Property Manager, this rent roll has now become available and will surely not last. The rent roll has been established for a number of years with a small but loyal client base. At the time of the appraisal, the main facts of the rent roll are as follows.
- Estimated annual management fee of approximately $80,000
- 48 managements at a property to landlord ratio of 1.65
- Portfolio located mainly around central and southern suburbs
- Average rent of $504 per week
- Average management fee of 6.49%
- Additional potential income of approximately $12,000 per annum
- Arrears below industry standard
Please note: This is not a registered company and the portfolio is managed without using a Property Management Trust Account Software package. We advise any prospective purchaser that they undertake their own due diligence.
More details will be made available on the signing of a Confidentiality Agreement. For expressions of interest, please contact Mike McGarry. Email firstname.lastname@example.org or call 021 982 549