Annualised Management Fees of $195,000.00 p.a. approx on a fully leased basis is derived from 195 residential properties. In addition there are Leasing Fees of $53,000.00 p.a. approx.
This rent roll comprising 195 residential & commercial properties is available to acquire 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.