This highly regarded and extremely well-managed business is available as a going concern. A Property Management portfolio with growth potential from ongoing Investment Sales underpins this great opportunity. A brilliant reputation in the local community adds real value and a highly visible location adds excellent exposure to this high growth precinct. Substantial sales income currently in place with significant ongoing income from projects, all adds up to a unique business opportunity.

 

rent roll information

  • 90 Properties.
  • Significant number of Rentals within close proximity of the office.
  • Income P.A. from Management Fees and Rent Collection $127,495
  • Income P.A. from extra fees and charges $24,150
  • Total Income $151,644
  • Average Annual Management Income (AAMI) $1,439 per property, (Residential)
  • Average Weekly Rent $400.74 (Residential)
  • Rent Roll for sale at $3.00 per $1.00 income. Total Purchase Price $382,485

 

sales business + agency

  • Great location, well established and highly regarded.
  • Significant repeat and referral business over many years.
  • Unique market positioning and dominance in the area.
  • 85 Sales generating $1,700,000 in Gross Commission in the past 12 months.
  • Over $1 Million commission in listing stock currently ready to sell.
  • Average sales price of exclusive listings – $981,000.
  • Lease available with options on request.
  • Significant long-established Data Base included.
  • Modern high profile and fully equipped premises.
  • Ample parking available.
  • Sales Business and Agency. Total Purchase Price $365,000 includes P&E