Management fees of $192,000 pa approx. are derived from 190 properties. Additional letting fee income is available. The average management fees 5.80% approx.
Located within a vibrant commercial hub this rent roll presents a great opportunity to get a solid foothold into the expanding market place. The municipality registered a population of 149,000 in 2011 and the population is predicated to expand the coming years. This sale is an opportunity not to be missed. The rent roll is managed extremely well and will show great returns to the prudent purchaser.