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Norwest Strata Roll
OVERVIEW:
Strata Roll of approximately 66 Strata properties
STRATA ROLL:
Approximately 66 Strata properties
Approximately 1511 Lots
Annual income from Strata Management Fees of $305,798.08
Extra income from fees & charges $183,038.61
Average Annual Management Fee per Strata Property is (ex GST) $4,633.30
Average Fee per Lot (ex GST) $202.38
TOTAL ASKING PRICE FOR STRATA ROLL: $1,070,293.29 or $3.50 per $1.00 Income
BROKER’S NOTES:
A great opportunity to establish your own Strata & Community Roll or expand your existing operation. This independent brand is currently operated by two staff members, both leaving the industry. Located in a highly sought-after region with the opportunity to grow well into the future.
Over 1500 lots across 66 managements provides the buyer with a consolidated portfolio. Higher than average AAMI, solid management fees in addition to extra fees & charges in excess of 37% of the roll earnings. There is a lot of interest on this roll, so you will need to act quick.