Fantastic opportunity exists to purchase this Highly Regarded Agency as a going concern. Purchase available as a Rent Roll only or complete business including Plant and Equipment. Covering a strategic high-profile location in the rapidly expanding Mackay region and the business is a major entity within the local community.
rent roll information
- 219 Properties.
- 60% of Rentals within close proximity.
- Income P.A. from Management Fees and Rent Collection $270,622
- Average Annual Management Income (AAMI) $1,552 per property, (Houses)
- Average Annual Management Income (AAMI) $1,099 per property, (Units)
- Average Management Fee 7.32%
- Average Weekly Rent $394.74 (Houses)
- Average Weekly Rent $296.29 (Units)
- Rent Roll for sale at $2.50 average per $1.00 income.
- Total Purchase Price $676,555
sales business + agency
- Great location, well established and highly regarded.
- Significant repeat and referral business.
- 49 Sales generating $490,165 in Gross Commission in the past 12 Months.
- Average Commission rate 3%
- Lease available on request.
- Ample parking available.
- Significant Data Base of clients.
- Sales Business and Agency.
- Total Purchase Price $35,000