RENT ROLL & REAL ESTATE BUSINESS SALE AND AQUISTION ADVISERS
Sydney City Fringe
Sydney
State:
New South Wales, Australia
Region:
Sydney NSW, Australia
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.
Selling due to retirement.
Combined annualised management fee income of approx. $42,860.00 plus GST
Additional fees and recovered expenses of circa $13,500.00 plus GST
Plus there is still more existing potential income from this portfolio to be addressed in further exploration and explanation.
This is one worth investigating further via your simple on-line enquiry or by calling John Hanly directly now on 0419 866 835.