Management Rights Business Sold By Owner Melbourne, Victoria
Management Rights, Services Business Sold By Owner:
Melbourne 3000 VIC
Rent roll for sale/ management in place.Great solid investment.
Opportunity to purchase a Rent roll consisting of 60 residential properties in the Bayside Area, 70/30 split of apartments and houses under management.
Annual Management fees of $87,000, plus additional annual letting fees. The average Property Management fee across the rent roll is 5.6%.
The whole agency is also for sale, consisting of 163 residential properties under management; properties are located in the inner Eastern Melbourne suburbs.
The Agency generates annual Management fees of $230,000 plus additional annual letting fees. Staff are in place to ensure a smooth transition for the new owner.
For additional information please quote BSV 0762 and contact Jeremy Bishop, or submit an enquiry.
Phone enquiries - please quote property ID 16342
- Property ID: 16342
- Type: Management Rights, Services