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Northern NSW Rent Roll (With Agency Available)
OVERVIEW:
Rent Roll of approximately 216 properties & Agency
RENT ROLL:
Approximately 198 residential properties
Annual income from Management Fees and Rent Collection of $220,136.88
Extra income from fees & charges $55,559.94
Average Annual Management Income (AAMI) per Residential Property is $1,111.80
Rent Roll component for sale at $638,396.95 or $2.90 per $1.00 income
Approximately 4 commercial properties
Annual income from Management Fees and Rent Collection of $6,741.97
Average Annual Management Income (AAMI) per Commercial Property is $1,685.49
Rent Roll component for sale at $14,832.34 or $2.20 per $1.00 income
Approximately 16 shed properties & 1 land
Annual income from Management Fees and Rent Collection of $3,557.56
Average Annual Management Income (AAMI) per Shed Property is $257.25
Shed Rent Roll component for sale at $5,016.38 or $1.50 per $1.00 income
Land Rent Roll component for sale at $213.31 or $1.00 per $1.00 income
AGENCY:
Over $465,000.00 in commissions over the last 12 months
Approx. $9,000,000.00 in current listings
Office Lease expiry Dec 2021 with 3 year option
Rent $2,272.00 per month
Agency for sale at $35,000.00
BROKER’S NOTES:
Profitable Rent Roll and/or Agency, in this vibrant Regional Northern NSW City.
Perfect second office or add on Rent Roll, or first Real Estate Business.
Staffed, with great high profile branding and premises.