Rent Roll Listings
$1,030,000 AUD
asking price
Northern Territory, NT
region
258
number of properties in rent roll
RRB1920
reference number
agency details
Here is an opportunity to purchase a great long term established Agency Practice situated in a key regional township of the NT. The Rent Roll is the main asset of the agency so, if you buy the rent roll you get the agency for free! There is a spacious and prominent well branded office with a good standard of fit out and several branded motor vehicles included. In the last 12 months the agency has generated a gross sales income of $102,811.00.
rent roll details
The Rent Roll portfolio is the main asset of the Agency and has 257 residential and 1 commercial tenancies with a strong property management fee income of approx. $510,786.00 per annum. Most properties are within a tight geographical location of the office making for easy management.
Included in the sale price is the:
rent roll portfolio,
And if required;
rights to sales listings, option of existing staff, plant and equipment,
assignment of the office lease,
the option of trade name & brand.
This would be an ideal business for a couple and has tons of potential for future development. To find out more please register below.
9.45%
average management fee residential
$510,786
annual management fee income
$523,062
gross income for the last 12 months
$401
average rent per week
$1,980
average management fee per property
Listing Breakdown
-
Residential
-
Commercial/Industrial
-
Holiday
-
Strata / Community
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