$1,342,159
For Sale
Gippsland Rent Roll – Strong Yields & Endless Potential
OVERVIEW:
Rent Roll of approximately 811 properties
RENT ROLL:
Approximately 417 Residential properties
Approximately 9 Commercial properties
Approximately 385 Storage properties
Annual income from Management Fees and Rent Collection of $499,584.28
Extra income from fees & charges $112,084.18
Average Annual Management Income (AAMI) per Residential property is $1,084.60
Average Annual Management Income (AAMI) per Commercial property is $1,176.22
Average Annual Management Income (AAMI) per Storage property is $95.37
Sales Office & Lease available in La Trobe Valley
102 Sales in the past 12 months
$750,609.00 commission received in the past 12 months
Agency Value $30,000
Staff available
Residential Rent Roll: $1,221,154.67 or $2.70 per $1.00 Income
Commercial Rent Roll: $28,582.16 or $2.70 per $1.00 Income
Storage Rent Roll: $62,421.94 or $1.70 per $1.00 Income
Agency: $30,000
TOTAL ASKING PRICE FOR RENT ROLL: $1,342,158.77
BROKER’S NOTES:
Gippsland Rent Roll – Strong Yields & Endless Potential
This is an outstanding opportunity to acquire a substantial, well-established agency located in the northern part of South Gippsland, servicing a close geographic base in a high development Urban area.
The rent roll offers strong, consistent yields with stable income, and sits within a region experiencing ongoing Greenfield development – a clear signal for future growth. With multiple large-scale housing developments in the pipeline, the demand for both property management and sales services is only set to rise.
The business has a solid foundation, making it ideal for both experienced operators looking to expand their footprint and those ready for a tree change. With systems and staff already in place, a new owner can step in and build on a strong reputation in the area. There’s also enormous scope to grow the sales arm of the business. The agency has a recognised local presence, and with new housing developments coming online, there’s a real opportunity for someone to scale quickly.
For those considering a regional move, this business offers the best of both worlds: a beautiful country lifestyle and the potential to earn an excellent income. This is a genuine lifestyle opportunity that more real estate professionals should seriously consider.
If you're looking for stable cash flow, regional growth, and room to expand, this one should be on your radar.
