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Ref# 991310

$500,626

Shoalhaven Coastal Area Rent Roll & Agency

OVERVIEW:
Rent Roll of approximately 104 properties

RENT ROLL:
Approximately 92 residential properties & 12 commercial properties
Annual income from Management Fees and Rent Collection of $155,196.82
Extra income from fees & charges $22,507.00
Average Annual Management Income (AAMI) per Residential Property is $1,439.53
Burrill Lake, Mollymook, Ulladulla and surrounding suburbs
Residential Rent Roll: $410,554.43 or $3.10 per $1.00 income
Commercial Rent Roll: $50,071.79 or $2.20 per $1.00 income

AGENCY:
Over $330,000.00 in commissions over the last 12 months
Approx. $14,000,000.00 in current listings
Rent per month $3,210.00
Office Lease expiry September 2022
Agency for sale at $40,000.00

Asking Price for Rent Roll & Agency: $500,626.22

BROKER’S NOTES:
Exceptional Small Rent Roll & Agency Business, Popular well-connected brand , with staff to transfer, and Rent Roll has been managed with care & great Success. If you are looking for your first office or another office to add to your group, then this business would appeal. Situated in a popular coastal area, with good premises and rental and sales history, being established some 30 years as an Active Local Agency.


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