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Ref# 624904

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Ref# 624904

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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.

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Ref# 616511

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Ref# 616511

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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 $1,169,356.72

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.

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