Opportunity to purchase a Rent roll consisting of 60 residential properties in the Bayside Area, 70/30 split of apartments and houses under management.
Annual Management fees of $87,000, plus additional annual letting fees. The average Property Management fee across the rent roll is 5.6%.
The whole agency is also for sale, consisting of 163 residential properties under management; properties are located in the inner Eastern Melbourne suburbs.
The Agency generates annual Management fees of $230,000 plus additional annual letting fees.
Staff are in place to ensure a smooth transition for the new owner.
For additional information please quote BSV 0762 and contact Jeremy Bishop at Business Sales Victoria on 0400 437 398, or submit an enquiry
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Reason for SellingN/A