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Rent Roll 300 + Property Management Agency All residential

Call to discuss

  • ID Ref SBB183
  • Suburb Northlakes
  • State NT
  • Status For Sale
  • Rent Roll    300 +     Property Management Agency   All residential

Business Description

This 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

Business Features / Snapshot

Your Business Broker

Scott O'Connor

Business Location

Northlakes, Northern Territory 812