Management Fees of $445,000.00 p.a. approx on a fully leased basis is derived from management fees. In addition there is Leasing Fees & Sundry Income of $74,000.00p.a. approx.
This rent roll comprising 449 residential & commercial properties is available to purchase on WIWO basis in one of Melbourne's established municipalities. The business has a strong history of trading in the area and has been in the same ownership for many years. A unique opportunity to acquire a portfolio of properties, with a strong trading history and a loyal client base.