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Ref# 664349

$449,680

Far South Coast Rent Roll & Agency

OVERVIEW:
Rent Roll of approximately 86 properties

RENT ROLL:
Approximately 61 residential properties & 2 commercial properties
Annual income from Management Fees and Rent Collection of $86,449.10
Extra income from fees & charges $25,283.00
Average Annual Management Income (AAMI) per Residential Property is $1,388.82
Merimbula, Pambula, Tura Beach and surrounding suburbs
Residential Rent Roll for sale at $232,974.39 or $2.75 per $1.00 income
Commercial Rent Roll for sale at $3,808.51 or $2.20 per $1.00 income

Approximately 23 holiday properties
Annual income from Management Fees and Rent Collection of $83,135.12
Extra income from fees & charges $19,920.50
Average Annual Management Income (AAMI) per Holiday Property is $3,614.57
Merimbula, Pambula, Tura Beach and surrounding suburbs
Holiday Rent Roll for sale at $182,897.27 or $2.20 per $1.00 income

SALES BUSINESS:
Over $350,000.00 in commissions over the last 12 months
Approximately $3,213,000.00 in current listings
Office Lease expiry October 2024
Rent $3,483.33 per month (inc gst)
Agency for sale at $30,000.00

Asking price for Rent Roll & Agency: $449,680.17

BROKER’S NOTES:
Excellent small Coastal Real Estate Agency & Rent Roll, staffed, well managed Rent Roll, strong brand with sales history and good solid reputation. Buy with confidence.


Listed by

Deed of Confidentiality +

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