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DealProspect/Listings/Property

Rent Roll – Brisbane North (68 Managements)

Property Management

ActivePropertyQueenslandB2C
Asking price
$400,000
Disclosed · AUD
Revenue
$134,167.68
TTM
Earnings (est.)
~$93,144
Estimated · comparable listings of this type and size · typically within ±30%
Implied multiple (assumed)
~4.3×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Property management rent roll of 68 managements in Brisbane's north
  • Management commission of 7-8% of rent, excluding GST
  • Annual management income of roughly $134,000
  • Priced at a multiple of around 3 times annual management income