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Ref# 624904

Contact for price

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.


Listed by

Deed of Confidentiality +

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