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Fraser Coast Region Rent Roll & Sales Agency
OVERVIEW:
Rent Roll of approximately 205 properties
RENT ROLL:
Approximately 136 residential properties, 10 commercial properties & 1 shed
Annual income from Management Fees and Rent Collection of $228,798.39
Extra income from fees & charges $34,211.37
Average Annual Management Income (AAMI) per Residential Property is $1,619.53
Residential Rent Roll for sale at $638,743.28 or $2.90 per $1.00 income
Commercial Rent Roll for sale at $17,588.09 or $2.20 per $1.00 income
Shed Rent Roll for sale at $821.25 or $1.50 per $1.00 income
Approximately 58 holiday properties
Annual income from Management Fees $231,350.57
Extra income from fees & charges $139,236.58
Average Annual Management Income (AAMI) per Holiday Property is $3,988.80
Holiday Rent Roll for sale at $733,587.26 or $2.20 per $1.00 income (including Booking Fees)
AGENCY:
Over $907,000.00 commission received last 12 months
Approx. $16,500,000.00 value in current listings
Office 1: 152sqm, $2,200.00 rent per month, Option 2 x 3 years
Office 2: 42sqm, $1,700.00 rent per month, Option 1 x 2 years
Agency for sale at $50,000.00
Asking price for Rent Roll & Agency: $1,440,739.87
BROKER’S NOTES:
Unique opportunity to acquire two successful Businesses under the one banner. Well run with good Rent Rolls in place, fully staffed and ready to continue growth in their respective areas. Both Businesses are well established and well known in their respective marketplaces – longest serving local agency in this fast growing area! Plenty of market potential to tap into, with multiple large developments in the area, including approximately 215 blocks. Buy with confidence as these are two very good Rent Rolls and Businesses.
ATTRACTIVE LOCATION:
• Growing beachfront / creekfront/ sea-side community
• Both offices are very well located near waterways
• Fabulous fishing and holiday destination – patronised for well over 30 years
• Desirable place to live and family friendly
• Great winters!!!
• Sensational sunsets