This is a perfect rent roll for someone starting out, ready to plant their flag on the hill of property management! These properties have an average weekly rent of $499 for a strong AAMI (average annual management income) of $1760.
It’s forecast to produce total annual income of approx $102,000.
Serving the Ipswich suburbs that include Woodend, West Ipswich, Raceview, North Ipswich, Brassall and Redbank Plains.
At a very reasonable multiple of $2.50 this rent roll has an affordable price of $220,000.
Full restraints available on the outgoing principal for property management in the Ipswich area. Very few bite-sized portfolios with excellent income ever come to market. Confirm your interest today!
Call Rob on 0423 332022 for the full Information Memorandum!