OVERVIEW: Rent Roll of approximately 280 properties, with the office, located in a high profile position.
- Approximately 279 Residential properties
- Annual income from Management Fees and Rent Collection of $310,232.27
- Extra income from fees & charges $63,701.48
- Total from all income $373,933.75
- Average Annual Management Income (AAMI) per Residential Property is $1,340.26
- 78.85% of the Rent Roll is managed at 6.0% or higher
- Minimal multiple owners, good systems, low vacancies
- 98.9% of the properties are located within 20 minutes of the office
Rent Roll Component FOR SALE AT $3.60 per $1.00 income or $1,116,836.18
- Long established Agency
- Approximately $690,000 in commissions over the last 12 months
- Approximately 30 current listings
- Average price of listing is $345,500
- New lease available in the high profile location
Sales Business FOR SALE AT $50,000
Quality Businesses like this are hard to find, and rarely listed on the market.
A Rent Roll with excellent management and procedures in place, along with a strong Sales Business.
For a confidential discussion contact Rent Roll & Agency Broker, Roger Miles, 0417 766 602, or fill out the form below: