13 December 2016,
 0

Brisbane South-Beaudesert-Northern Gold Coast corridor – Agency + Rent Roll #403

Hit the ground running in 2017 with a new office – An outstanding opportunity is now available with this long established real estate agency plus quality rent roll for sale.

Close to all major centres, this office is located in a prime position to take advantage of the new mega-developments at Flagstone, Yarrabilba, and the Ripley Valley. Growth of both rental and sales departments is assured for the right business owner.

The office is well known in its area and the rent roll is very well managed with great returns and extra fee income.

Residential portfolio:

  • 334 Residential Managements generating $517,388.88 in annual management fee income
  • Approximately $82,000 in annual extra fee income
  • 7.36% average management fee
  • $1,558.40 annual av. income per management

Commercial portfolio:

  • 72 Storage sheds and 8 Commercial premises
  • 10% average management fee for sheds, 4.13% for Commercial
  • Combined earnings over $20,887 per annum

Business

  • Established sales team
  • Strong well recognised local brand
  • New Lease can be negotiated for the Buyer
  • Sale price $50,000 (not including vehicles) plus rent roll

This business would be the perfect addition to an established agency group or ideal for your first office. The office is well equipped with plenty of parking and storage.

Properties are primarily located in Logan Village, Jimboomba, Park Ridge and Cedar Grove areas.

Large, fully established offices with good histories and local profile are very hard to find.

For more information contact Kevin Hockey 0447 555 683 – Grant Newsome 0430 198 889 or email sales@reas.com.au

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