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Ref# 781193

$938,489

Clarence District Rent Roll & Agency

OVERVIEW:
Rent Roll of 304 approximately properties

RENT ROLL:
Approximately 139 residential properties, 6 commercial properties & 143 shed properties
Annual income from Management Fees and Rent Collection of $218,996.84
Extra income from fees & charges $33,719.48
Average Annual Management Income (AAMI) per Residential Property is $1,377.18
Residential Rent Roll for sale at $516,856.03 or $2.70 per $1.00 income
Commercial Rent Roll for sale at $22,751.15 or $2.20 per $1.00 income
Sheds Rent Roll for sale at $25,840.87 or $1.50 per $1.00 income

Approximately 53 holiday properties
Annual income from Management Fees and Rent Collection of $153,654.86
Average Annual Management Income (AAMI) per Residential Property is $2,899.15
Holiday Rent Roll for sale at $338,040.69 or $2.20 per $1.00 income

AGENCY:
Approximately $690,000.00 in commissions over the last 12 months
Over $3,400,000.00 in current listings
Office Lease expiry April 2023
Rent $6,827.47 per month (inc gst)
Agency for sale at $35,000.00

Asking price for Rent Roll & Agency: $938,488.75

BROKER’S NOTES:
Excellent franchised Real Estate Business. Diversified income streams, with commanding market
share.

Fully staffed and well run Rent Roll, and substantial Sales arm in this popular tourist seaside
location.

Perfect office for selling Principal/Owner, although Class 1 & Class 2 staff provide options.


Listed by

Deed of Confidentiality +

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