RENT ROLL & REAL ESTATE BUSINESS SALE AND AQUISTION ADVISERS
Sydney GMA
Sydney
State:
New South Wales, Australia
Region:
Currently 253 properties under management in Sydney GMA (inc. 29 other)
100% residential
Lower than average ratio of owners with multiple properties of 1: 1.15
Average Annual Management Income (AAMI) per property of $1,923.83 (Plus GST)
Annualised Management Fee Income of $486,730.58 (plus GST)
Additional fees & recovered expenses (such as letting fees and adverting cost recovery, etc.) of $59,738.36
Strong concentration of managements in the City Fringe, Inner West, Eastern Suburbs, Northern Beaches, North Shore & Hills/North West plus a small splattering of others.
As such, this portfolio would particularly suit businesses with a core focus on property management, or a sales organisation with a multi office footprint.
Realistic Vendors price wise and very fair fundamental terms of sale as well.
Don't delay. Enquire further today.