Management Fees of $120,774.00 p.a. approx. on a fully leased basis is derived from management fees. In addition there is Leasing Fees & Sundry of $44,000 p.a.
This rent roll comprising 62 residential properties is for sale in one of Melbourne's established municipalities in the Central Business Area. A unique opportunity to acquire a portfolio of properties to add to an existing rent roll or provides an ideal start up opportunity.