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REF# 1377358

$1,557,977

REF# 1377358

For Sale


Major Riverina Rent Roll & Agency – Company Sale

OVERVIEW:
Rent Roll of approximately 533 properties

RENT ROLL:
Approximately 279 VIC Residential Properties
Approximately 124 NSW Residential Properties
Approximately 130 VIC Shed Properties

Annual income from VIC Residential Management Fees and Rent Collection of $350,763.26
Annual income from NSW Residential Management Fees and Rent Collection of $174,118.41
Annual income from VIC Shed Management Fees and Rent Collection of $28,093.61

Average Annual Management Income (AAMI) per VIC Residential property is $1,257.22
Average Annual Management Income (AAMI) per NSW Residential property is $1,404.18
Average Annual Management Income (AAMI) per VIC Shed property is $216.10

Extra income from fees & charges $63.455.69

Total asking price for VIC Residential properties: $964,598.96 or $2.75 per $1 Income
Total asking price for NSW Residential properties: $496,237.48 or $2.85 per $1 Income
Total asking price for VIC Shed properties: $42,140.41 or $1.50 per $1 Income
Sales Agency $55,000

TOTAL ASKING PRICE FOR RENT ROLL & AGENCY: $1,557,976.85

BROKER’S NOTES:
Substantial Rent Roll & Agency , with good market share and track record in Management & Sales.

Rarely does such business of this size, profile and profitability come available for purchase. Established 14 years will ensure your future growth in this Agency is sound

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Ref# 1051361

Contact for price

Ref# 1051361

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Riverina Regional City Large Rent Roll or with Agency - Company Sale

OVERVIEW:
Rent Roll of approximately 490 properties

RENT ROLL:
Approximately 469 residential properties & 21 sheds
Annual income from Management Fees and Rent Collection of $625,320.99
Extra income from fees & charges $141,710.00
Average Annual Management Income (AAMI) per Residential Property is $1,324.98
Residential Rent Roll for sale at $1,864,246.03 or $3.00 per $1.00 income
Sheds Rent Roll for sale at $5,858.48 or $1.50 per $1.00 income

AGENCY:
Over $503,700.00 commission received last 12 months
Approx. $6,870,000.00 value in current listings
Rent per month $7,405.29
Lease expiry 30/06/2023
Agency for sale at $35,000.00

Asking price for Rent Roll & Agency: $1,905,104.50

BROKER’S NOTES:
Exceptional Rent Roll, with very low periodics, high fees and returns per property. Low arrears and well managed by experienced staff. Buy as a Rent Roll only or full Agency WIWO – Company Sale.

Outstanding Business Opportunity in this vibrant growing Regional City.

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