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