This is a superb opportunity to enter the Real Estate industry or open a second office.
Located in the outer north Brisbane region with a larger sized rent roll that boasts impressive returns.
The office is well positioned to take advantage of multiple real estate markets within the region and includes a performing sales business.
The Seller has maintained the residential portion of the roll at management fee of 7.59% for all properties with very low arrears and vacancies.
• 357 managements
• Generating $470,589.76 in annual management fee income plus extra fees
• Ave income per property $1,321.88 per annum
• Extra fee income of over $78,481 per annum
Managements are primarily located in Caboolture, Beachmere, Ningi and Bribie Island areas.
The modern well equipped office is located in a high visibility position and with an abundance of parking and is currently rented for approximately $3,200 per month.
Approximately 20,000 cars drive past the office each day.
Contact Kevin Hockey on 0413 879 986 or email firstname.lastname@example.org – sold