Positioned in a highly sought after area in Brisbane’s south side, this long established agency with smaller sized rent roll is well positioned to take advantage of its location within a busy shopping and commercial precinct.
The Seller has maintained the residential portion of the roll at management fee of 7.50% for all properties with no arrears and has very low vacancies.
• 42 managements
• Generating $68,628.69 in annual management fee income plus extra fees
• 7.50% average management fee
• Ave income per property $1,634.02 p.a.
The roll also contains a small commercial portfolio consisting of:
• 10 Commercial Managements
• Generating $14,665.00 in annual management fee income plus extra fees
• 4.1% average management fee
• Ave income per property $1,466.50
The management are primarily located in Calamvale, Sunnybank Hills and Sunnybank and the surrounding suburbs.
Contact Kevin Hockey on 0413 879 986 or email sales@reas.com.au – sold
