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Ref# 831171

Contact for price

Gold Coast Agency and Rent Roll

OVERVIEW:
Rent Roll of approximately 208 properties

RENT ROLL:
Approximately 208 residential properties
Annual income from Management Fees and Rent Collection of $442,133.89
Extra income from fees & charges $69,736.00
Average Annual Management Income (AAMI) per Residential Property is $2,125.64
Bonogin, Mudgeeraba, Nerang and surrounding suburbs
Residential Rent Roll: $1,370,615.05 or $3.10 per $1.00 income

AGENCY:
Approximately $1,056,000.00 in commissions over the last 12 months
Over $18,000,000.00 in current listings
Multiple leased premises available
Agency for sale at $30,000.00

BROKER’S NOTES:
Opportunity here to secure what appears to be a very well run long established Rent Roll and Sales Agency with a solid reputation in a desirable location.

With an Average Annual Management Income per property of just over $2,100 this Rent Roll is a solid income producer. Add to this a healthy level of additional income (almost 16%) from the Extra Fees & Charges and you have the foundation for a very sound business. A real bonus of course is that the income from the Rent Roll should cover all your outgoings which leaves most of the income from sales as the cream on the cake!

There is high demand for Agencies and Rent Rolls around the Gold Coast area so be sure to act fast to secure this opportunity while you can!


Listed by

Deed of Confidentiality +

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