Rent Roll Listings
EOI AUD
seeking expressions of interest
sold
North and North Eastern Suburbs, SA
region
121
number of properties in rent roll
RRB171
reference number
rent roll details
A strong earner in the north and north eastern suburbs of Adelaide that has been operated as a stand alone property management business. 121 Residential properties spread predominantly through the Outer North and North Eastern Suburbs with a few around the city and out west. So this will be attractive to an agent who is focusing on the suburban market rather than just a few specific suburbs. One of the big strengths of this rent roll is the other fee income, which is sitting at 37% above and beyond the management fee income, providing a very strong cashflow.
So if your in the market for a good rent roll that is producing a great gross income per property this could be for you.
FOR SALE BY "EXPRESSION OF INTEREST" CLOSED
7.62%
average management fee residential
$149,730
annual management fee income
$243,489
gross income for the last 12 months
$313
average rent per week
$1,237
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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