RENT ROLL & REAL ESTATE BUSINESS SALE AND AQUISTION ADVISERS
Sydney City Fringe
City Fringe Rent Roll For Sale
State:
New South Wales, Australia
Region:
Exceptional City Fringe Rent Roll
170 properties currently under management
Average management fee commission percentage is approx. 5.68% EX. GST / 6.25% INC. GST.
Average Annual Management Income (AAMI) per management of $2,375.45 (EX. GST)
Annualised Management Fee Income circa $404,390.29 (EX. GST)
Additional Fees last 12 months of $54,922.66 (EX GST)
The tight geographic spread is an extraordinarily strong feature of this rent roll with (98%) properties being with 5km driving distance (85% within walking distance) from the current office.
Low number and ratio of owners to properties of 1: 1.1
Solid KPI’s across the entire portfolio.
In summary… If you want to be excited about a rent roll acquisition or starting your own business in a highly sought after, further emerging part of the cornerstone rental (and sales) markets of Sydney then this is one of those once in a lifetime real estate career opportunities that you should not let slip through your fingers.