This highly regarding and well-respected agency is ready for sale as a going concern or a rent roll only acquisition.
The quality rental portfolio has been superbly managed with extremely low vacancy rates and arrears.
The business profile is strong and the quality marketing and significant advertising presence makes
this agency stand out from the crowd.
There is excellent exposure to the local community through the high-profile location.
This is an exceptional opportunity to add to your existing rental portfolio or open an additional office.
Rent Roll information
- 283 residential properties
- Majority of rental properties within close proximity
- Large percentage of houses in the portfolio
- Minimal number of multiple property landlords
- Very low vacancy rate
- Income p.a. from management fees and rent collection $487,197
- Average management fee 7.22%
- Average Annual Management Income (AAMI) of $1,721.55 per property
Rent Roll for sale at $2.85 per $1.00 income.
Total purchase price $1,388,513
Sales business + agency
- Highly regarded and well-respected agency
- Sales team in place
- Includes plant and equipment plus 2x motor vehicles
- Fully systemised
- Quality brand
- High profile shopping centre location
Sales business and agency for sale at $25,000 including plant + equipment