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$582,808
For Sale
Quality Ballarat portfolio with Property Manager!
OVERVIEW:
Rent Roll of approximately 178 properties
RENT ROLL:
Approximately 178 residential properties
Annual income from Management Fees and Rent Collection of $208,145.68
Extra income from fees & charges $44,122.96
Average Annual Management Income (AAMI) per residential property is $1,169.36
Residential Rent Roll: $582,807.91 or $2.80 per $1.00 income
BROKER’S NOTES:
Located in the heart of Ballarat, this rent roll offers an ideal investment opportunity. With its long history in the area, this portfolio is the perfect opportunity to bolster your property portfolio or start a new venture. This outstanding opportunity also comes with a Property Manager who is a local of Ballarat.
With the perfect blend of metropolitan and country living, Ballarat is a unique city renowned for its exceptional lifestyle. With a predicted accelerated growth, now is the perfect time to expand your business and take advantage of all that Ballarat has to offer.
Contact for price
Sold!
Moorabool Region Rent Roll – Premium Opportunity
OVERVIEW:
Rent Roll of approximately 305 properties
RENT ROLL:
Approximately 305 residential properties
Annual income from Management Fees and Rent Collection of $345,782.51
Extra income from fees & charges $44,998.37
Average Annual Management Income (AAMI) per Residential Property is $1,133.71
Darley, Maddingley, Melton and surrounding suburbs
Residential Rent Roll for sale at $1,020,058.42 or $2.95 per $1.00 income
BROKER’S NOTES:
Only so often does something this special hit the market…..
This is a very well established and carefully managed portfolio,
an opportunity that is rarely available in this region
Almost 75% of this rent roll is held by owners with only one
managed property, a very low risk investment opportunity
If you’re planning on adding to your existing rent roll or even
looking to start a new operation - there is plenty of scope here as
there may also be an opportunity to secure the premises and some
key staff as well
Be Quick !!
Contact for price
Sold!
Rare Opportunity - Ballarat
OVERVIEW:
Rent Roll of approximately 84 properties
RENT ROLL:
Approximately 84 residential properties
Annual income from Management Fees and Rent Collection of $122,137.70
Extra income from fees & charges $41,625.57
Average Annual Management Income (AAMI) per Residential Property is $1,454.02
Alfredton, Sebastopol, Winter Valley and surrounding suburbs
Residential Rent Roll for sale at $366,413.09 or $3.00 per $1.00 income
BROKER’S NOTES:
Be fast to secure this excellent Rent Roll in Ballarat. This is a rare opportunity that could be easily integrated into your existing portfolio, or a great base for a new start up in this booming town. This is a low risk acquisition, you have a low percentage of multi owners, and due to the seller currently operating from Melbourne and exiting the Ballarat market, you have no risk of drift back.
We look forward to helping you make this portfolio yours today.
Contact for price
Sold!
Quality Macedon Ranges Opportunity
OVERVIEW:
Rent Roll of approximately 102 properties + Agency
RENT ROLL:
Residential - Approximately 97 residential properties
Annual income from Management Fees and Rent Collection of $110,6183.08
Extra income from fees & charges $9,835.70
Average Annual Management Income (AAMI) per Residential Property is $1,140.39
Residential Rent Roll Component for sale at $309,730.64
Commercial - Approximately 5 commercial properties
Annual income from Management Fees and Rent Collection of $5,667.40
Average Annual Management Income (AAMI) per Commercial Property is $1,133.48
Commercial Rent Roll Component for sale at $15,868.73
Total Rent Roll $325,599.37
SALES BUSINESS:
Approximately $402,939.71 in commissions over the last 12 months
Over $9,538,000.00 in current listings
Lease is periodic
Sales Business for sale at $30,000.00.
BROKER’S NOTES:
A quality run agency in a highly sort after growth corridor of the Macedon Ranges offering an instant foot hold into an exclusive and tightly held area. Others have tried and many have failed. This gives you instant access to revenue and sales commissions. The seller would sell the rent roll separately but would prefer a buyer purchase both.
Contact for price
Sold!
Ballarat Rent Roll
OVERVIEW:
Rent Roll of approximately 384 properties
RENT ROLL:
Approximately 384 residential properties
Annual income from Management Fees and Rent Collection of $410,300.60
Extra income from fees & charges $72,071.01
Average Annual Management Income (AAMI) per Residential Property is $1,068.49
Rent Roll Component for sale at $1,128,326.66 or $2.75 per $1.00 income
BROKER’S NOTES:
This quality portfolio is comprised of 100% residential properties (i.e. no commercial). The sellers are actioning a new strategy within their business and will be exiting the property management ‘space’. This presents an opportunity for those with a serious property management business (or wanting to secure one) to leap-frog their portfolio to a position of significantly enhanced profile, market share and profitability.