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Large Gold Coast Permanent Rent Roll, Large Returns!. Sale

This is the perfect add-on external rent roll or ability to start your own agency. All 163 properties are in close proximity to Helensvale, have low arrears and all inspections are up to date. The current owner’s decision to retire from property management provides a huge opportunity to create scale to your existing business or get a big start at the entry level. The opportunity is there to buy the existing office and residential space or rent it if you desire.

Key Features

  • Approximately 163 residential properties on the books
  • Helensvale, Coomera, Pimpama and surrounding suburbs
  • Gross commissions of $247k sold on 3.2x multiplier
  • Additional contract income of $32k sold on 1.5x multiplier

NB: Property inspections are by appointment only

Address:
Oxenford
$841,850
Sale Type
Management Rights - All
Net Profit
$278,835
Amenities.
  • airport >0-50 km

contact the owner.

Shella Di Marco.

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