Purchase available as a Rent Roll only which may be suited as an addition to an existing portfolio of further negotiation available for the purchase of the full Agency Practice.

Suited to a business starter looking at immediate cash flow for an Agency Practice

 

rent roll information

• 334 Residential Properties.
• 17 Commercial Properties.
• 161 Sheds.
• Covering Redcliffe, Clontarf, Margate, Kippa Ring, Scarborough and surrounds.
• Income P.A. from Management Fees and Rent Collection $470,136
• Average Annual Management Income (AAMI) $1,286.80 per property, (Residential)
• Average Annual Management Income (AAMI) $993.80 per property, (Commercial)
• Average Annual Management Income (AAMI) $145.65 per property, (Sheds)
• Average Residential Management Fee 7.60%
• Total Purchase Price – You set the price

All offers considered via Indicative Non-Binding Offers, closing 2^nd September 2019.