Regional Northern Territory , NT
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.
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