$923,712
For Sale
Rare Opportunity - Central West
OVERVIEW:
Rent Roll of approximately 111 properties
RENT ROLL:
Approximately 87 Commercial properties
Approximately 24 Residential properties
Annual income from Commercial Management Fees and Rent Collection of $263,445.28
Annual income from Residential Management Fees and Rent Collection of $31,876.13
Average Annual Management Income (AAMI) per Commercial property is $3,028.11
Average Annual Management Income (AAMI) per Residential property is $1,328.17
Extra income from fees & charges $9,050.70
Commercial Rent Roll: $737,646.77 or $2.80 per $1.00 income
Residential Rent Roll: $86,065.55 or $2.70 per $1.00 income
Sales Agency: $100,000
TOTAL ASKING PRICE FOR RENT ROLL: $923,712.32
BROKER’S NOTES:
This offering presents a prime opportunity to acquire a well-established real estate agency and its profitable rent roll in a thriving town in the Central West of New South Wales. The business has a solid reputation built over many years and caters predominantly to commercial with a small residential component with the agency located in a key part of town.
The rent roll features stable residential properties, diverse commercial spaces with long-term tenants and this established portfolio generates a consistent revenue stream with high occupancy rates. The business is ideal for an out-of-town operator looking for a lifestyle upgrade in a thriving community or a local real estate agency aiming to expand its market share.
Renowned for its high standards and client satisfaction, the business boasts strong community ties and experienced staff who may remain post-sale, ensuring a smooth transition. This acquisition offers significant growth potential, leveraging the business's stellar reputation to expand into new markets.
For those seeking a turnkey operation in a picturesque rural setting, this opportunity is unmatched. Contact us for more details and a confidential discussion.