Efficient Property Management Rent Roll of Residential Properties located in Southern Coastal Suburbs
Ideal Bolt on acquisition to an existing northern or southern real estate practice

Key Elements :

Branded Franchise office option to continue or re-brand to another agency
Annual Property Management fees near $420,000
Majority of properties single residential dwellings
Higher than industry average management fees %
Staff of 2 x including PM keen to work on for new owners

REIWA members
Includes an experienced sales team of (3)
Licensee to stay on to assist new owners
Well located office premises with lease terms available

Asking Price
Multiple of 2.75 of fees $420,000         $1,155,000
Plant & Equipment                                    $20,000
Sales Agency Goodwill                             $25,000
Total                                                     $1,200,000

Contact Ascend Business Brokers for an Information Package
www.ascend.com.au 9480 3200 or 0407 337 737