Business DescriptionThis is a valuable opportunity to obtain a large Property Management Agency with over 300 residential properties north of Brisbane.
Established over 20 years and first time offered for sale.
It is not often you find a large superbly run and very profitable property management portfolio as a standalone business.
• Portfolio is 300 to 340 properties, all residential.
• Management fee income is $518,000
• Average commission rate 7.78%
• Fully equipped office on high visibility site with lease to 2020
• Estimated maintainable gross income is $569,000
• Experienced and professional staff working specific roles
• One full time working owner / manager.
For further information call Scott on 0412 247 369