This highly successful real estate agency is ready for sale as a going concern. Operating for nearly 15 years, the business has been the recipient of many awards adding credibility to its immense financial success. With a minimal vacancy rate, this rent roll could be an excellent addition to your existing business. Ideally situated in a high-profile location with excellent long standing exposure to the local community.
rent roll information
- 194 properties including 1 commercial
- Large portion of rent roll in close proximity to office
- Income p.a. from management fees and rent collection $336,059
- High income p.a. from letting fees $86,597
- Total income $422,656
- Average annual management income (AAMI) of $1,732.29 per property (residential)
- Average management fee of 8.7% (residential)
- Average weekly rent of $381.61 (residential)
Rent Roll for sale at $2.45 per $1.00 income.
Total purchase price $823,345
sales business + agency
- High profile location
- Prominent brand operating for over 15 years
- All plant and equipment unencumbered (including phone system and car)
- Lease available
- Experienced sales team
Sales business and agency for sale at $50,000 including plant + equipment