Great opportunity to purchase a complete agency as a going concern with significant potential OR a Rent Roll Only as a fantastic add on to an existing portfolio. Excellent systems in place and an outstanding Property Management Business adds significant value. Substantial profile and branding underpin a great platform for the new owners in expanding the sales and property management business to another level. High-profile Shopping Centre location with exceptional exposure to the general community.
rent roll information
- 62 Residential Properties.
- A significant number of Rentals within close proximity of the office.
- Income P.A. from Management Fees and Rent Collection $102,895.
- Income P.A. from extra fees and charges $15,222.
- Total Income $118,117.
- Average Annual Management Income (AAMI) $1,659.60 per property.
- Average Weekly Rent $465.00
- Rent Roll for sale at $2.80 per $1.00 income. Total Purchase Price $288,107.
sales business + agency
- Great location and highly regarded in the area.
- Repeat and referral business over many years.
- Excellent Branding.
- Lease available.
- Fully Systemised throughout
- Excellent Plant and Equipment all owned.
- Ample parking available.
- Sales Business and Agency. Total Purchase Price $30,000 inc P&E