This is an opportunity to purchase a medium sized rent roll and real estate agency comprising 244 residential, 9 commercial properties & 65 storage units. This is a well-respected business with a long and consistent trading history in a popular regional municipality. The business will sell on a WIWO basis.
Management fees of $227,228.00 pa approx. on a fully leased basis plus additional letting fee and sundry fee of in excess of $80,000.00 income is available.
This is an opportunity to purchase a medium sized rent roll and real estate agency comprising 311 residential, 62 commercial properties & 72 storage units. This is a well-respected business with a long and consistent trading history in a popular provincial municipality. The business will sell on a WIWO basis.
Management fees of $401,169.00 pa approx. on a fully leased basis plus additional letting fee $33,862.00 and sundry fee income is available. Gross sales commission for the YTD is $700,169.00.
Located within the commercial hub this leading agency with an excellent rent roll & real estate agency presents a great opportunity to get a solid foothold into the expanding market place. The office services a marketing catchment area of 20,000 residents approx. This business is to be sold as a going concern.
This business operates from a prominent location and is favoured with a fully equipped office displaying a premium fit out and inventory. The business carries an excellent reputation, shows great returns, and holds a number of properties for sale, a comprehensive database all available to the prudent purchaser. This sale is an opportunity not to be missed.
Management fees of $380,328.00 PA approx. are derived from 426 residential properties together with Management fees of $28,260.00 PA approx. are derived from 17 commercial properties. Additional letting fee, sundry fee income of in excess $46,000.00 PA approx. is available.
This office currently operates under the branding of a major franchise group. The sale of this office which is located in a strong regional centre with both home occupier and investor sales represents a great opportunity to become a major player in the area.
The office is well located with great systems and an excellent team in place.
The residential rent roll of 370 properties under management has an average management fee of 6.10% producing a total income of over $432,900.00 approx. PA.