Rent roll for sale/ management in place.Great solid investment.

SOLD

Melbourne VIC 3000

Services

BUSINESS FOR SALE

Phone enquiries - please quote property ID 16342

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, or submit an enquiry.

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