OVERVIEW: Small, tidy Rent Roll of approximately 20 properties with Agency. Potential PLUS!
- Approximately 12 Residential, plus 5 Commercial properties
- Annual income from Management Fees and Rent Collection of $23,067.96
- Extra income from fees & charges $2,145.00
- Total from all income $25,212.96
- Average Annual Management Income (AAMI) per Residential Property is $1,275.68
- 83.33% of the Residential Rent Roll is managed at weekly rent between $300 – $695
- Minimal multiple owners, very low vacancies and arrears
- Majority of properties are located within 18 minutes of the office
Rent Roll Component FOR SALE AT $73,796.35
- Established for 8 years
- Approximately $190,000 in commissions over the last 12 months
- Average price of current listings is $1,700,000
- Lease expiring 2022, with option available
Sales Business FOR SALE AT $47,000
Amazing opportunity for a Real Estate Agency start up Business just 10km East of Melbourne’s CBD.
If you are a Top Salesperson and looking to go out on your own, then this is the Business for you. Would also suit a Property Manager looking to grow and develop in this area of Melbourne.
The potential for this Business is endless!
For a confidential discussion contact Rent Roll & Agency Broker, Paul Brooks, 0419 731 390, or fill in the form below: