• If you’re looking for a clean, low-risk acquisition with immediate, reliable income, this opportunity deserves a close look.
• This established rent roll of 203 managements delivers solid fees and a highly stable landlord base. It’s been carefully maintained and set up for a smooth transition with a low-risk profile: low vacancies, no arrears beyond 14 days, no periodic tenancies, no properties currently listed for sale, and no QCAT matters or rental guarantees to inherit.
• The fees are great with 83% of the properties being managed at 7.00% or higher, resulting in a healthy average commission of 7.57%. The AAMI also sits at a very healthy $1,804.01.
• Experienced property management staff are in place and are expected to continue with the business, helping to ensure continuity and minimising disruption post-settlement.
• There’s also additional income, with sundry fees contributing approx. 11.05% of additional revenue, including letting fees, EOFY statement fees, and other ancillary income.
• KEY STATISTICS
  • 203 properties under management
  • Earning: $366,213.06 p.a.
  • Avg. commission: 7.57% (excl. GST).
  • Avg. weekly rent: $455.21.
  • Avg. income per property: $1,804.01 p.a.
  • Asking: $2.90 per dollar value.
• This is a genuine sale opportunity with a Seller who will be retiring and exiting the industry.
• The Seller is also open to negotiating a new lease on the premises and the transfer of plant, equipment, and motor vehicles, if required by the Buyer.
• Call now to learn more.

For further details, please phone Cate Boleyn on 0421 165 856 or email [email protected].