Exceptional NSW Real Estate Rent Roll for Sale - Strong Management Portfolio - Annual Turnover: $115,612 - Asking Price $332,250

Description

Business type: residential rent roll portfolio

Location: New South Wales

Managements: 54

Multiplier: 2.85

Financial performance

Total annual management fees: $115,612

Average annual income per property: $2,317

Average weekly rent: $533

Average management fee: 7.7%

Portfolio

Properties under management: 54

Income structure: recurring management fees

Revenue base: established

Income consistency: stable

Opportunity

This established New South Wales rent roll provides an opportunity for an existing real estate agency to expand its property management portfolio and add recurring management income.

The portfolio includes 54 managements and generates annual management fees of approximately $115,612. With an average weekly rent of $533 and an average management fee of 7.7%, the rent roll provides an established base of ongoing revenue.

Growth

• Integrate the portfolio into an existing real estate agency
• Expand the number of properties under management
• Build on the existing recurring income stream
• Increase property management revenue through further portfolio growth