Eastern Suburbs, NSW
Rent Roll and/or Real Estate Business
(REF: 1406)
Pendium Advisory have the pleasure of seeking buyers for this exceptional, standalone residential and commercial rent roll and/or business as a going concern.
The business enjoys an enviable market reputation and profile, having operated for several decades, servicing predominately the Eastern Suburbs.
This long-standing family business is nothing short of exceptional and has developed a rare team culture through outstanding leadership.
It is a testament to the Directors approach to their client relationships that have fostered sustained performance and growth over many years.
We are seeking expressions of interest from discerning purchasers who see this strategic opportunity to acquire a remarkable rent roll or an established masthead business in one of Sydney’s most sought-after locations.
In short: Opportunities of this size and calibre are in short supply. Tender closing at 5pm on the 24th of April 2024
Portfolio highlights
Residential Managements.
| Annual Management Fees | $1,346,629 |
| Number of Managements | 693 |
| Average Annual Management Income per Property | $1,943 |
| Average Weekly Rental Value | $723 |
| Average Management Fee | 5.14% |
Commercial Managements.
| Total Annual Management Fees | $92,884 |
| Number of Managements | 27 properties | 33 tenancies |
| Average Annual Management Income | $3,440 property | $2,815 tenancy |
| Average Weekly Rental Value | $8,594 property | $7,031 tenancy |
| Average Management Fee | 4.08% property | 4.07% tenancy |
| Price | $6,030,000 |
| Residential Multiplier | $4.25 |
| Commercial Multiplier | $3.30 |
Listing Enquiry
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Disclaimer: All prices are net of GST unless otherwise specified. This information is provided for general purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.