This well-established agency and rent roll is a renowned competitor in the Logan + surrounds market.
Operating under a national franchise, the office is situated in a high profile location with great street visibility.
The rent roll of 310 residential properties and 4 commercial properties has been expertly managed as evidenced by low arrears and minimal vacancies.
Rent Roll information
- 310 residential properties + 4 commercial properties
- Income p.a. from management fees and rent collection $424,579.16
- Income p.a. from additional fees and charges $30,799.96
- Total income $455,379.12 per annum
- Average annual management income (AAMI) of $1,337.58 property – residential
- Average management fee of 6.64% – residential
- Average weekly rent of $386.21 – residential
Residential Rent Roll for sale at $2.75 per $1.00 income.
Purchase price $1,140,285.55
Commercial Rent Roll for sale at $2.00 per $1.00 income.
Purchase price $19,859.74
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 $50,000 including plant + equipment.