Residential /commercial Rent Roll & Sales Office (in Administration) - Glrr092
Warragul, Victoria 3820
$3,980,000.00
Key Features
AI generated. Contact seller to confirm.
- Residential and commercial portfolio
- Servicing Warragul, Drouin, Moe
- 821 residential, 146 commercial units
- Average weekly rent $405.45 (Residential)
- Annual projected management income $1,330,586.01
- Current vacancy rate 1.46% (Residential)
- Turnover: $1,330,586.01
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: 2014 (9 years)
Business Details
Business Category Franchise Business Opportunities
Owned by current owner/s since mid-2014 and now under instructions from the Administrator Appointed this portfolio has grown organically and by acquisition.
A Residential & Commercial Portfolio servicing the areas of Warragul, Drouin, Moe & Surrounding Suburbs and consist of 821 residential, 146 commercial and 630 storage units.
The average weekly rent is $405.45 (Residential), $611.75 (Commercial) and $36.13 (Storage Units).
The average management commission percentage is 6.37% (Residential), 4.71% (Commercial) and 5.73% (Storage Units).
The Average annual management income is $1,335.09 (Residential), $1,369.47 (Commercial) and $105.09 (Storage Units).
Annual Projected Management Income is $1,330,586.01.
Current Vacancy Rate is 1.46% (Residential), 6.85% (Commercial) and 4.76% (Storage Units).
A Residential & Commercial Portfolio servicing the areas of Warragul, Drouin, Moe & Surrounding Suburbs and consist of 821 residential, 146 commercial and 630 storage units.
The average weekly rent is $405.45 (Residential), $611.75 (Commercial) and $36.13 (Storage Units).
The average management commission percentage is 6.37% (Residential), 4.71% (Commercial) and 5.73% (Storage Units).
The Average annual management income is $1,335.09 (Residential), $1,369.47 (Commercial) and $105.09 (Storage Units).
Annual Projected Management Income is $1,330,586.01.
Current Vacancy Rate is 1.46% (Residential), 6.85% (Commercial) and 4.76% (Storage Units).
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.