Are you looking to acquire your own real estate business? Take the leap from agent to owner?
Alternatively, you may be thinking of opening a second office to capture a great share of the market.
Either way, this is an opportunity not to be missed.
The rent roll of 384 properties is supported by a small but successful sales business in a prominent location.
Rent Roll information
- 384 properties
- Income p.a. from management fees and rent collection $480,204.67
- Income p.a. from additional fees and charges $85,993.27
- Total income $566,197.94 per annum
- Average annual management income [AAMI] of $1,250.53 property
- Average management fee of 5.85%
- Average weekly rent of $411.89
Rent Roll for sale at $2.40 per $1.00 income.
Total purchase price $1,152,491.20
Sales business + agency
- High profile location
- Lease available
- Great cash flow link for a start up business
Sales business and agency for sale at $60,000 including plant + equipment