$710,928
For Sale
Exclusive Rent Roll Opportunity – Wollongong
OVERVIEW:
Rent Roll of approximately 85 properties
RENT ROLL:
Approximately 85 Residential properties
Annual income from Management Fees and Rent Collection of $190,535.69
Extra income from fees & charges $50,649.40
Average Annual Management Income (AAMI) per Residential property is $2,241.60
Agency Value $25,000
Number of sales in the past 12 months: 12
Total Commission received in the last 12 months: $245,000
Number of current listings: 3
Total Value of listings: $2,120,000
Residential Rent roll: $685,928.48 or $3.60 per $1.00 Income
Sales Agency: $25,000
TOTAL ASKING PRICE FOR RENT ROLL: $710,928.48
BROKER’S NOTES:
This well-maintained rental portfolio presents an excellent opportunity for acquisition in the sought-after Wollongong region. With a high Annual Average Management Income (AAMI) of $2,241, this portfolio delivers a strong and stable revenue stream, making it an attractive proposition for both established agencies and those looking to scale up.
The close working relationships with landlords and tenants result in strong retention rates, minimal vacancy periods, high lease renewals, and minimal disputes, making it a stable and predictable income stream. The director of the business personally oversees management, ensuring properties are meticulously maintained. With a strong emphasis on quality service, compliance and exceptional client engagement, this rent roll represents a low-risk, high-reward investment.
A balanced portfolio of houses and units caters to different market segments and ensures risk diversification. Its location in Wollongong enhances its appeal. The area's growing population, strong rental demand, and infrastructure investment provide a solid foundation for ongoing rental performance and future growth.