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 |
Listing Enquiry
"*" indicates required fields
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.