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City Fringe, East & Inner West

Sydney

State:

New South Wales, Australia

Region:

Currently 161 Managements

Average Annual Management Income (AAMI) per management of $1,835.80

Annualised Management Fee Commission Income of approx. $295,565.20 (Ex. GST)

Additional fees and recovered expenses (12 months) of approx. $44,334.75 (Ex. GST).

Total annualised income of circa $340,000.00 (Ex. GST)

Solid, and established rent roll.

Owner is seeking to retire. However, happy to work with / assist purchasers to bed down the rent roll post completion/settlement to maximise transition to, and retention by, the purchaser.

This is fabulous opportunity for sales agent or PM focused agent to establish their own business. Or for an established Agency in the City Fringe or Inner West of Sydney to have low overhead satellite office in this lucrative, cornerstone market of the Sydney real estate market.

WIWO - At asking price of $1,182,260.00

Don’t delay. Register your interest today.

Contact Reference Number:

2542

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