Real Estate Agency - (glrr093)

South Yarra, Victoria 3141

$2,215,000

Key Features

AI generated. Contact seller to confirm.

  • Average 12 sales per month
  • 401 property management portfolio
  • Average monthly rent $2,724.22
  • Annual projected management income $618,538.28
  • Asking price $2,215,000
  • Serves South Yarra and inner eastern suburbs
  • Turnover: $618,538.28
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Property Real Estate

Real Estate Agency - GLRR93
(Inner Eastern Suburbs)

Sales

Average number of sales per month 12
Commission received in last 12 months $141,000.00
1 Salesperson plus Principal/Director
Current Listings 4
Potential Sales Commission $80,000.00

Property Management Portfolio

Mount Waverley, Melbourne, Hawthorn, Ashwood, South Yarra, Chadstone,
Glen Iris, Glen Waverley, Camberwell & Surrounding Suburbs

Total Portfolio 401
Average Monthly Rent $2,724.22
 Average Management commission percentage 4.68%
 Average Annual Management Income $1,653.85
Annual Projected Management Income $618,538.28
Extra Fees and Charges $130,333.44
Landlord Ratio 1:1.23

Asking $2,215,000.00

For further information please contact Gary Lay on
XXXXXXXXXX or XXXXXXXXXX or email
XXXXXXXXXX

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Make an Enquiry
Wollermann Business Brokers Wollermann Business Brokers
Gary Lay

Bsale ID: 683806

wait whilst email sent

Thank you, your enquiry has been sent now.