This is an extremely rare opportunity to acquire a small portfolio of managements in suburbs such as Elizabeth Bay, Bondi, Darlinghurst, Pyrmont, Redfern, Surry Hills, Waterloo, Woolloomooloo and others nearby with a mix of long and short-term managements.

This represents a perfect bolt on to a small (even home-based business) or for a larger business… Simply based on the Average Annual Management Income (AMMI) per property, per annum as below.

Average Annual Management Income (AAMI) long term of approx. $1,788.80 plus GST
Average Annual Management Income (AAMI) Short term of approx. $4,288.56 plus GST
Average Annual Management Income (AAMI) across all managements of approx. $3061.42 plus GST.

Agency & Rent Roll Sale

Circa 134 managements currently

Average Annual Management Income (AAMI) per residential management is $2,134.95 (Ex. GST)

11 Retail tenancies with Average Annual Management Income (AAMI) $3,563.06 (Ex. GST)

Annualised Management Fee Commission Income of approx. $283,705.00 (Ex. GST)

Additional fees and recovered expenses (12 months) of approx. $51,522.00 (Ex. GST).

Total annualised management income of circa $335,000.00 (Ex. GST)

Sales typically exceed $1,000,000.00 into the multimillion-dollar range.

218 m2 ground & first floor premises in the heart of the St. George area.

Fully fitted out and ready for business, these premises would be ideal for any professional practice, (especially a Real Estate Agency HQ) seeking a high profile, professional presence in the St. George area.

1. Eastern Suburbs
2. Inner West
3. City Fringe
4. North Shore
5. Northern Beaches
6. Hills District
7. Greater Western Sydney
8. St George
9. Sutherland Shire

Real Estate Business & Rent Rolls across regional NSW Cities & Towns