Sold Real estate business for sale Perth

Inner Northern Suburbs, WA

Rent Roll / Business

(REF #1330)

Servicing the inner northern and northern suburbs of Perth, the business has enjoyed a long-established and very high-profile history, developing a profitable agency with a strong following of loyal clients.

The directors have built the portfolio organically and through strategic acquisition opportunities, having formed an exceptional culture inside the business are now wishing to transition towards retirement hence this rare opportunity is being offered for sale.

We are seeking enquiries from purchasers who are interested to purchase a large, high-yielding rent roll to bolt on to their existing operation or;

Wish to purchase an existing business poised for considerable future growth and hit the ground running.

In short: Tender closing on or before 5pm on the 9th August 2023.

Portfolio highlights

Total Annual Management Fees $1,604,475
Number of Managements 793
Average Annual Management Income per Property $2,023
Average Weekly Rental Value $437
Average Management Fee 8.86%
Ancillary Collection Ratio 39.07%
Price $4,960,000
Net Multiplier $3.30
Hybrid Multiplier $2.85
All-Inclusive Multiplier $2.75
Sold Real estate business for sale Perth

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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.