Great opportunity to purchase a well established sales agency which supports a successful and profitable rent roll.
The rent roll consists of just over 230 properties located predominately in Surfers Paradise, Broadbeach and Mermaid Beach.
The sales agency has great potential to expand and capture more of the fantastic sales market on the Gold Coast.
Rent Roll information
- 234 properties
- 47% of rent roll located in top 2 suburbs
- Income p.a. from management fees and rent collection $361,321.03
- Income p.a. from additional fees and charges $67,911.00
- Total income $429,232.03 per annum
- Average annual management income [AAMI] of $1,544.11 property
- Average management fee of 6.51%
- Average weekly rent of $452.66
Rent Roll for sale at $3.00 per $1.00 income.
Total purchase price $1,083,963.10
Sales business + agency
- High profile location
- Prominent brand
- Lease available
- Great cash flow link for a start up business
Sales business and agency for sale at $20,000 including unencumbered plant + equipment.