OVERVIEW: Rent Roll of approximately 200 properties with well-appointed and established Agency available.
- Approximately 201 Residential properties under management
- Annual income from Management Fees and Rent Collection of $300,471.16
- Extra income from fees & charges $60,625.23
- Total from all income $361,096.39
- Average Annual Management Income (AAMI) per Residential Property is $1,494.88
- 94.25% of the Rent Roll is managed at 7.0% or higher
- Minimal multiple owners, good systems and management team in place
- Majority of properties are located within 20 minutes of the office
Rent Roll Component FOR SALE AT $2.90 per $1.00 income or $871,366.36
- Well-established business
- Prominent location with a high level of foot traffic passing on a daily basis
- Ample parking available
- Lease expiring 2021
Sales Business FOR SALE AT $50,000
This office is located in a suburb of the City of Ipswich, and is identified as a high demand real estate market area.
This is an excellent opportunity to open a second office and take hold of a good portion of the market share in the area.
Alternatively, make this office your own and use this substantial rent roll as a base for cashflow while you grow and establish your Sales Team.
For a confidential discussion contact Rent Roll & Agency Broker, Paul Brooks, 0419 731 390, or fill in the form below: