Rent Roll Listings

$525,000 AUD

asking price

under contract

Darwin, NT

region

125

number of properties in rent roll

RRB1905

reference number

agency details

This is an outstanding Property Management only agency with a high profile ground floor office in the popular Cullen Bay Area, opposite the Marina with plenty of foot traffic going by. Decked out with quality plant and equipment including a motor vehicle for the property managers use. Although there is no current sales being done from the office it would be easy to introduce and add value to the business in this area.
The agency is available WIWO for $525,000.00.


rent roll details

The rent roll of 125 residential properties has been organically grown and the current owners have been very particular on the quality of the properties and the landlords. They have keep it at a manageable size to suit their lifestyle and ability to offer a high level of service to their clients.
There is the option of purchasing just the rent roll and absorbing it into your existing agency for $500,000.00 or as mentioned above include the office Plant & Equipment for $525,000.00.
The majority of the properties are in the suburbs of Darwin, with a small handful spread out to the southeast.
This is a great opportunity to establish yourself in Darwin, so we encourage buyers to register their interest without delay.

8.00%

average management fee residential

$262,347

annual management fee income

$321,895

gross income for the last 12 months

$506

average rent per week

$2,099

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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