The rent roll comprises approx. 140 properties with an annualised management fee income of $203,000.00 plus an additional potential $19,000.00 per annum from letting/lease fees and recoveries. In the past twelve months the office transacted sales commission of $455,000.00 approx.
This office, a well known independent agency, has been established for twenty three years. It is situated in a convenient location within the busy shopping & business centre. The sale of this office will provide the opportunity for a "selling" principal to produce income directly to the bottom line and also grow both the existing rent roll and sales division.