Eastern Suburbs Sydney Rent Roll Real Estate Business For Sale

Eastern Suburbs, NSW

Real Estate Business

(REF: 1406)

Pendium Advisory have the pleasure of seeking buyers for this exceptional, full-service property business that provides residential and commercial property management services. This opportunity is being offered for sale by way of a share sale of the company.

The business enjoys an enviable market reputation and profile, having operated for several decades, servicing predominately the Eastern Suburbs.

This long-standing family business is nothing short of exceptional and has developed a rare team culture through outstanding leadership.

It is a testament to the Directors approach to their client relationships that have fostered sustained performance and growth over many years.

We are seeking expressions of interest from discerning purchasers who see this strategic opportunity to acquire a proven masthead business in one of Sydney’s most sought- after locations.

In short: Opportunities of this size and calibre are in short supply. Tender closing at 5pm on the 5th of March 2024

Portfolio highlights

Residential Managements.

Annual Management Fees $1,346,629
Number of Managements 693
Average Annual Management Income per Property $1,943
Average Weekly Rental Value $723
Average Management Fee 5.14%

Commercial Managements.

Total Annual Management Fees $92,884
Number of Managements 27 properties | 33 tenancies
Average Annual Management Income $3,440 property | $2,815 tenancy
Average Weekly Rental Value $8,594 property | $7,031 tenancy
Average Management Fee 4.08% property | 4.07% tenancy
Price $6,057,000
Residential Multiplier $4.25
Commercial Multiplier $3.30
Eastern Suburbs Sydney Rent Roll Real Estate Business For Sale

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Disclaimer: All prices are net of GST unless otherwise specified. This information is provided for general purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.