Rent Roll Listings
EOI AUD
seeking expressions of interest
sold
Inner Adelaide Suburban, SA
region
373
number of properties in rent roll
RRB161
reference number
rent roll details
This is an outstanding opportunity to purchase an Adelaide based rent roll that has been in operation for 40 years. An iconic family business that has prided themselves on quality property management services to their landlords. But the time has come to hang up the keys and move on. The rent roll is purely residential consisting of 373 properties, an average management fee of 7% and an ancillary fee income of 37% above and beyond the management fee income. So this rent roll is cash flow strong and will be an ideal addition to your existing business if you're city or city fringe based.
Being offered for sale by Expression of Interest which will close 5 pm ACST on Tuesday the 24th of October 2017
7.11%
average management fee residential
$495,500
annual management fee income
$730,700
gross income for the last 12 months
$366
average rent per week
$1,328
average management fee per property
Listing Breakdown
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Residential
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Commercial/Industrial
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Holiday
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Strata / Community
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