Riverina Rent Roll & Agency
Riverina Region
State:
New South Wales, Australia
Region:
Long established business with owners seeking to retire.
Rent Roll currently consists of 435 Managements in total as below
214 Residential Managements.
24 Commercial Managements
197 Storage Sheds
Average Annual Management Income (AAMI) per management of,
Residential - $1,123.05 (Ex GST).
Commercial - $1,057.80 (Ex GST).
Sheds - $108.51(Ex GST).
Annualised Management Fee Commission Income of approx. $272,238.10 (Ex. GST)
Additional fees (12 months) of approx. $32,968.92 (Ex. GST).
With a trading history of approximately 70 years, this is definitely a well-established and solid business.
Over half a million dollars of potential sales commission listed on exclusive agency agreements at the time of the business analysis.
Fabulous opportunity for a successful agent to launch and grow their own business or for established player in the Riverina to have an additional office servicing the region.
Premises can be leased at circa $20,000.00 (plus GST) per annum. Or potentially acquired along with Agency & Rent Roll.
Don’t delay. Register your interest today.