Opportunity to purchase a Rent roll consisting of 60 residential properties in the Bayside Area, 70/30 split of apartments and houses under management.
Annual Management fees of $87,000, plus additional annual letting fees. The average Property Management fee across the rent roll is 5.6%.
The whole agency is also for sale, consisting of 163 residential properties under management; properties are located in the inner Eastern Melbourne suburbs.
The Agency generates annual Management fees of $230,000 plus additional annual letting fees.
Staff are in place to ensure a smooth transition for the new owner.
For additional information please quote BSV 0762 and contact Jeremy Bishop at Business Sales Victoria on 0400 437 398, or submit an enquiry
Market Conditions & CompetitionN/A
Financial SummaryN/A
Training & SupportN/A
Reason for SellingN/A
Location
City: MelbourneState: Victoria
Category Real Estate
Weekly RevenueN/A Monthly RevenueN/A Annual RevenueN/A
Contact PersonJeremy Bishop PriceUndisclosed Year EstablishedN/A
Phone0400437398 Cashflow$N/A EmployeesN/A