Rent Roll Listings

$1,235,000 AUD

asking price

Regional Northern Territory , NT

region

258

number of properties in rent roll

RRB165

reference number

agency details

We are excited to offer this outstanding real estate agency practice for sale. Situated in the Northern Territory this agency could suit a couple looking for a tree change lifestyle for their family. The vendor has opted to offer the agency for sale as a WIWO agency, which has been established and operating under various brands since 2005. In the last 12 months the agency has generated 15 sales with a gross sales income of $158,772.00.


rent roll details

The rent roll portfolio is the main asset of the agency and has 257 residential and 1 commercial tenancies with a property management fee income of approximately $530,736.00 per annum. The average management fee across the portfolio being 9.32%. This provides a management fee income of $2,065.00 per property per year. There is also an ancillary fee income above and beyond the management fee income.
There are several motor vehicles and a good standard of fix out within the office.
Included in the sale price is the:
- rent roll portfolio
- option of existing staff
- rights to sales listings
- plant and equipment
- assignment of the office lease
- option of trade name & brand

9.32%

average management fee residential

3.00%

average management fee C&I

$530,736

annual management fee income

$671,543

gross income for the last 12 months

$431

average rent per week

$2,065

average management fee per property


Listing Breakdown

  • Residential

  • Commercial/Industrial

  • Holiday

  • Strata / Community

100% Residential
0% Commercial/Industrial
0% Holiday
0% Strata

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