VIC, MELBOURNE, EASTERN SUBURBS #393
A wonderful opportunity to purchase an Agency & Rent Roll business with the backing of one of the industry's major franchise groups as a going concern. The territory that the franchisee commands is support by a median house price of $1,358,000 and median rental figure of $510 per week. This provides a great opportunity to grow your business and continue develop a rent roll whilst having the marketing ability of a large group.
Management Fees of $163,513.00 p.a. approx. on a fully leased basis is derived from 138 properties under management. In addition there is Sales, Leasing Fees & Sundry Income available.