OVERVIEW: Rent Roll of approximately 265 properties with Sales Agency available in Sunny North Queensland. Plus bonus – Extra cashflow/ income available also from the cleaning/ gardening/ handyman services.
- Approximately 266 Residential & Commercial properties
- Annual income from Management Fees and Rent Collection of $277,482.39
- Extra income from fees & charges $57,414.42
- Total from all income $334,896.81
- Average Annual Management Income (AAMI) per Residential Property is $1,156.65
- 95.86% of the Rent Roll is managed at 7.5% or higher
- Nil Tribunal Claims & all routines up to date
- 77.7% of the properties are located within minutes of the office
Rent Roll Component FOR SALE AT $1.80 per $1.00 income $508,572.45
- Established 5 years ago, suit Husband and Wife Team or Salesperson looking to start their own office
- Approximately $45,000 in commissions over the last 12 months
- Over 145 plus current listings, both exclusive and opens
- Average price of listing is $338,000
- Good exposure with a new lease negotiable
- Side income of approximately $35,000 from Cleaning and Gardening Business may also be available
Sales Business FOR SALE AT $20,000
A perfect opportunity is now available in the Whitsundays to take over this Agency & Rent Roll.
An opportunity to build the Sales Team while this sizable rent roll supports the Businesses cashflow, or run the business as a specialised rental agency.
Perfect for Husband and Wife, or a Family looking for a solid cash flow business; or an Investor/ Retiree looking to work a few days a week and have an experienced capable Team to operate the business.
For a confidential discussion contact Rent Roll & Agency Broker, Dean Yeo, 0407 495 598, or fill out the form below: