The rent roll comprises over 550 properties with a 12 month fully let collection commission of just on $580,000. In addition sundry income and commercial sales and leasing provides further income. The residential sales department is averaging approx. $275000 per annum.
The office comprises an active sales division in both residential and commercial practices plus both commercial and residential management and leasing. The business is a long established member of a franchise group known for its support of its franchisees. Once in a lifetime the opportunity presents itself to acquire an established business with a broad spectrum of practice coupled with a reputation second to none. The business is operated from prominent premises with ample space for growth. The sales department of the business is an area that could be concentrated on to provide additional income to the business.