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Ref# 812650

$399,396

Snowy Area Rent Roll & Agency

OVERVIEW:
Rent Roll of approximately 50 properties

RENT ROLL:
Approximately 16 residential properties, 31 serviced properties, 1 commercial property & 2 holiday properties
Annual income from Management Fees and Rent Collection of $183,211.24
Annual income from Extra Fees and Charges of $61,557.43
Average Annual Management Income (AAMI) per Residential Property is $1,621.75
Residential Rent Roll: $64,869.98 or $2.50 per $1.00 income
Serviced Rent Roll: $310,012.99 or $2.00 per $1.00 income
Commercial Rent Roll: $1,668.57 or $2.00 per $1.00 income
Holiday Rent Roll: $2,844.94 or $2.00 per $1.00 income

AGENCY:
Approximately $62,000.00 in commissions over the last 12 months
Over $450,000.00 in current listings
Office Lease expiry February 2022
Rent $1,100.00 per month
Agency for sale at $20,000.00

Asking Price for Rent Roll & Agency is $399,396.47

BROKER’S NOTES:
Excellent niche Owner Operator Real Estate Business in the Snowy Mountains. Diversified between residential and serviced rentals, Agency and Rent Roll. Very profitable, with good growth and sales potential.


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Deed of Confidentiality +

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