-->

Ref# 556860

$601,108

Melbourne – City of Whittlesea

OVERVIEW:
Rent Roll of approximately 199 properties

RENT ROLL:
Approximately 180 residential properties & 19 commercial properties
Annual income from Management Fees and Rent Collection of $214,681.34
Extra income from fees & charges $16,358.15
Average Annual Management Income (AAMI) per Residential Property is $1,024.27

Rent Roll for sale at $601,107.77 or $2.80 per $1.00 income

BROKER’S NOTES:
Very stable portfolio with solid revenue history. Current Owners have had the business over 10 years
and are not ‘hands on’ (a further reflection of the strength of the rent roll). Premises are available as
an option (subject to a lease negotiation). Strong growth corridor. Capacity to stand-alone as a
business positioned for expansion or ripe to fold into an existing real estate operation.


Listed by

Deed of Confidentiality +

Enquiry


Name

Email

Phone

I would like to:




Message