The rent roll which is 100% residential produces $351,147.09 per annum on a fully let basis with a further income of approx. $53,690.00 in sundry income.
This business, currently trading as a member of a major franchise has traded profitably for a number of years and built a fine reputation as an ethical estate agency. The business trades from high profile premises in the main street and maintains a strong market share. The sale of this business in this regional centre is a great opportunity to build on the existing strength that has been created by the current directors. The sales division of the business has in the 07/08 year transacted 155 sales with an average selling fee of $7000.00 per sale.