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$1,557,977
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
Contact for price
Sold!
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.