Mackay Property Management Rent Roll

AU$SOLD
November 11, 2016

Description

What a fantastic opportunity to buy a rarely available but often sought after rent roll!

Overview
This excellent, well managed residential property management portfolio in Mackay, Queensland has just come onto the market. This small portfolio of quality properties would be the perfect add for an established agency or an ideal starter rent roll for a real estate agent looking at venturing into property management. The business is growing and prominent and has much goodwill in the areas it chooses to operate.

About the Rent Roll
The rent roll consists of:

  • 25 properties currently under management
  • High management fees: 16 properties @ 10%; 1 property @ 9%; 8 properties @ 8%
  • Generating $39,000 in annual management fee income
  • Plus additional $14,000 in extra income

The vendor is selling the rent roll with all systems set up and will assist the buyer in seamlessly transferring the www.realestate.com.au service and other systems to the buyer. There are also a number of billboards that the buyer can use to promote themselves at no extra cost.

This rent roll isn’t expected to stay on our books for long so don’t hesitate in contacting us for more information!

Business Price
This Mackay rent roll is being sold on a walk in walk out basis for $95,000 plus GST (neg).

Contact
To receive more information, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

•  Susan Butler – 0419 905 463 on susan@beyond2000.com.au

Location

Location is not the exact address of the listing