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$269,757
For Sale
St George (Western QLD) Agency & Rent Roll
OVERVIEW:
Rent Roll of approximately 154 properties
RENT ROLL:
Approximately 138 residential properties and 16 commercial property
Annual income from Management Fees and Rent Collection of $159,932.49
Extra income from fees & charges $46,560.21
Average Annual Management Income (AAMI) per residential property is $1,158.93
Residential Rent Roll: $239,898.74 or $1.50 per $1.00 income
Commercial Rent Roll: $29,858.21 or $1.50 per $1.00 income
AGENCY:
Over $223,000.00 in commission received last 12 months
Approx. $5,030,000 value in current listings
Rent per month $2,014.33
Asking Price for Rent Roll: $269,756.95
Sales Agency: $POA
BROKER’S NOTES:
How does being your own boss and owning the only Residential Agency in town sound to you?
There are staff in place and a captive audience as far as the present and future clients are concerned. The Agency is currently part of a major Franchise group but it is up to you to decide if you would want to join this group, join another group or operate as an independent.
With a projected annual gross income in excess of $390,000 there should be plenty left over for the new owner of this Business.
Be sure to reach out and grab this golden opportunity with both hands while you have the chance!
