Located in the heart of the Sunshine Coast, this well established agency with a long history of service to the area is being offered for sale for the first time and is a rare opportunity to purchase a quality larger sized rent roll and /or business in a sought after location.
The Seller has maintained the roll at a management fee of 8.07% across the portfolio and has low arrears and vacancies. The rent roll is also well contained to the local region.
• 421 Managements generating $642,972.27 in annual management fee income
• Over $110,000 extra income in admin fees and Lett fees
• 8.07% average management fee
• Ave income per property $1,527.25 p.a.
The roll contains low arrears and low multiple owners.
Managements are predominately located in areas including Alexandra Headland, Maroochydore, Kuluin and Buderim.
The seller will sell the Rent Roll separately.
Contact Kevin Hockey on 0413 879 986 or email sales@reas.com.au – sold
