Real Estate Agency - (glrr093)

South Yarra, Victoria 3141

$2,215,000

Key Features

AI generated. Contact seller to confirm.

  • 401-property management portfolio across Melbourne suburbs
  • One salesperson plus principal/director structure
  • Four current property listings
  • Potential sales commission of $80,000
  • Average of 12 sales per month
  • Includes extra fees and charges
  • Turnover: Not disclosed
  • Net Profit: 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.

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Wollermann Business Brokers Wollermann Business Brokers
Gary Lay

Bsale ID: 683806

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