20 February 2017,
 0

A very rare opportunity is available for this Inner South Brisbane agency with small rental portfolio boasting very high returns.

The office is located in a high visibility position with large amounts of pedestrian and drive past traffic. It is well positioned to make the most of the local market featuring above average sale prices and quality properties. The rent roll provides an excellent base for strong growth of the rental department and has exceptional potential to increase extra fee incomes.

Business:

  • Approx 85m2 with high visibility main road frontage
  • Leased until 31/10/18
  • Strong local branding with near new modern fitout
  • Selling at $25,000 plus rental portfolio + option to purchase sign written vehicles

Rental Portfolio:

  • 18 Managements
  • Generating $31,652.16 in annual management fees
  • Average annual income per property of $1,758.45
  • Average management fee 8.25%

This portfolio has zero arrears, vacancies, and there are no multiple owners.

For more information contact Kevin Hockey 0447 555 683 – Grant Newsome 0430 198 889 or email sales@reas.com.au

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