$2,077,602
For Sale
Major Northern NSW Regional Rent Roll & Sales Agency
OVERVIEW:
Rent Roll of approximately 612 properties & Agency
RENT ROLL:
Approximately 361 residential properties
Annual income from Management Fees and Rent Collection of $474,190.74
Extra income from fees & charges $101,058.09
Average Annual Management Income (AAMI) per Residential Property is $1,313.55
Rent Roll component for sale at $1,398,862.68 or $2.95 per $1.00 income
Approximately 114 commercial properties
Annual income from Management Fees and Rent Collection of $270,175.20
Extra income from fees & charges $1,191.70
Average Annual Management Income (AAMI) per Commercial Property is $2,369.96
Rent Roll component for sale at $594,385.44 or $2.20 per $1.00 income
Approximately 133 shed properties
Annual income from Management Fees and Rent Collection of $27,949.17
Average Annual Management Income (AAMI) per Shed Property is $210.14
Rent Roll component for sale at $41,923.76 or $1.50 per $1.00 income
AGENCY:
Approximately $289,047.00 in commissions over the last 12 months
Over $7,500,000.00 in current listings
Rent $3,166.00 per month
Agency for sale at $40,000.00
Rent Roll & Agency for sale at: $2,077,601.61
BROKER’S NOTES:
Long established Rent Roll & Agency. Residential and Commercial plus Sales. Excellent Business, high referring rent roll, good profits, safe financial market place in this regional city. Financials available. Businesses of this reputation and calibre are hard to find.