Excellent opportunity to purchase an Agency Business and Rent Roll with outstanding growth potential. The Rent Roll would make a fantastic addition to an existing portfolio and a merger of two existing businesses would make a significant impact on the local market. Purchase available as a Rent Roll with a fully functioning Sales Agency in a thriving high-profile location with excellent exposure to the local community. Covering strategic locations in the rapidly expanding Gold Coast North – Southport and Labrador region.
rent roll information
- 112 Residential Properties.
- Income P.A. from Management Fees and Rent Collection $159,863
- Additional Income from letting and charges $32,630
- Total Income $192,493.34
- Average Annual Management Income (AAMI) $1,427.35 per property
- Average Management Fee 6.53%
- Average Weekly Rent $418.30
- Rent Roll for sale at $2.75 average per $1.00 income.
- Total Purchase Price $439,624
sales agency information
- $93,500 in Sales Commission in the past 12 Months.
- Significant expansion opportunities to grow the Sales Team.
- High Profile and Highly Visible Location.
- New Lease Available.
- Fully operational and ready to go.
- Total Purchase Price $20,000 inc Plant and Equipment.