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Ref# 820770


Ref# 820770

For Sale

Regional Rent Roll – With or Without Sales Office

Rent Roll of approximately 242 properties

Approximately 237 residential properties and 4 commercial properties
Annual income from Management Fees and Rent Collection of $223,804.09
Extra income from fees & charges $36,941.81
Average Annual Management Income (AAMI) per Residential Property is $919.21
Mildura, Ouyen, Red Cliffs and surrounding suburbs
Residential Rent Roll: $653,555.05 or $3.00 per $1.00 income
Commercial Rent Roll: $17,857.23 or $3.00 per $1.00 income

Approximately $167,240.00 in commissions over the last 12 months
Over $5,600,000.00 value in current listings
Agency for sale at $30,000.00

Asking Price for Rent Roll & Agency is $701,412.28

Here is your opportunity to acquire a business with a solid proven track record. Established nearly 30 years ago it has stood the test of time. The seller is looking to retire and wants someone focused on growing to take on his "baby". Solid fees with the ability to make the managements your own. Well run by a team of professionals and in a growth area of Regional Vic. Do Not Miss Out. Call Me Now to Discuss.

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