Inner Northern Suburbs, WA
Rent Roll / Business
(REF: #1244)
Pendium Advisory have the pleasure of offering, this well-known and high yielding residential rent roll/real estate business for sale by way of an asset sale of the rent roll, as a business on a walk-in walk-out basis or as a share sale of the company.
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 mostly organically since commencing in 2002, having built an exceptional culture inside the business and are now wishing to transition towards retirement hence this rare opportunity is being offered for sale.
We are seeking Expressions of Interest from purchasers who are interested to purchase a brilliant 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.
Portfolio highlights
Net Residential Managements.
| Total Annual Management Fees | $681,606 |
| Number of Managements | 380 |
| Average Annual Management Income per Property | $1,794 |
| Average Weekly Rental Value | $442 |
| Average Management Fee | 7.79% |
All-Inclusive Residential Managements.
| Total Annual Management Fees | $9,505 |
| Number of Managements | 4 |
| Average Annual Management Income per Property | $2,376 |
| Average Weekly Rental Value | $426 |
| Average Management Fee | 10.69% |
Commercial Managements.
| Total Annual Management Fees | $3,321 |
| Number of Managements | 2 |
| Average Annual Management Income per Property | $3,321 |
| Average Monthly Rental Value per Property | $3,690 |
| Average Management Fee per Property | 7.50% |
| Price | $2,279,751 |
Listing Enquiry
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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.