Rent Roll Listings

$1,595,000 AUD

asking price

Goldfields Region, VIC

region

695

number of properties in rent roll

RRB2004

reference number

agency details

This is a great opportunity for a franchise group or independent brand to pick up this agency as a going concern with its high profile office, long history and high market presence in the area. The price being advertised is for the rent roll only, however, our vendor is prepared to consider a Walk in Walk Out basis for the whole agency if required at a nominal extra price.


rent roll details

This is one of the more significant rent roll portfolios outside of the Melbourne CBD, and is located in a fast developing region within the Gold Fields of Victoria. It provides a very strong and solid cashflow from its rent roll of 695 properties, ideal for these more uncertain times. Our vendor is looking to retire, but is also prepared to consider options of staying on to assist in handover, and perhaps do some ongoing selling as well, or, even fill in as a licensed manager for a period of time.

6.32%

average management fee residential

5.00%

average management fee C&I

$604,932

annual management fee income

$682,620

gross income for the last 12 months

$296

average rent per week

$965

average management fee per property


Listing Breakdown

  • Residential

  • Commercial/Industrial

  • Holiday

  • Strata / Community

89% Residential
11% Commercial/Industrial
0% Holiday
0% Strata

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