$1,096,435
For Sale
Fantastic Business Opportunity – Company Purchase
OVERVIEW:
Rent Roll of approximately 175 properties
RENT ROLL:
Approximately 174 Residential properties
Approximately 1 Commercial property
Annual income from Management Fees and Rent Collection of $313,71.58
Extra income from fees & charges $70,824.71
Average Annual Management Income (AAMI) per Residential property is $1,790.13
Sales Agency
10 sales in the past 12 months
$124,087 commission received in the past 12 months
Office lease available
Residential Rent Roll: $1,090,186.98 or $3.50 per $1.00 Income
Commercial Rent Roll: $6,248.44 or $2.80 per $1.00 Income
TOTAL ASKING PRICE FOR RENT ROLL: $1,096,435.41
BROKER’S NOTES:
This is a fantastic opportunity to acquire a Newcastle-based property management company which currently manages 174 residential properties and 1 commercial property, generating an annual management income (AAMI) of $1,790.13 per residential property, resulting in a total management income of $311,481.99.
The company is part of an established real estate franchise group, and benefits include brand recognition, operational support, and a proven business model that enables efficient management and growth.
The company’s diverse portfolio offers stable, long-term rental income and growth potential. The franchise network enhances operational efficiencies and provides a solid foundation for expansion. With long-term relationships with property owners and tenants, the company maintains a reliable and consistent income stream, further bolstered by Newcastle’s strong economy and high demand for both residential and commercial real estate.
Newcastle is a growing market with strong infrastructure investment, making this property management business well-positioned for future growth. The experienced management team ensures high-quality service delivery and smooth operations, contributing to the company’s ongoing success.
This share sale represents a unique opportunity to acquire a profitable, well-established business with stable income and significant growth potential in a thriving market.