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Highly Profitable Real Estate Office And Rent Roll For Sale

Central Coast, New South Wales, Australia
Asking Price:
$500K - $1M (AUD) Furniture / Fixtures included
Sales Revenue:
$1,112,000 (AUD)
Cash Flow:
Available on request

Well located Real Estate Sales & Property Management Office.

Top position, huge exposure to major busy road.

Brilliant new fitout nothing to spend!

Consistent turnover of $1m plus with adjusted nett to owner $380,000 .

Approx. 160 properties on quality Rent Roll.

Annualised management commission approx. $210,000.

Fulltime property manager in place.

Sales commission in the region of $830,000.

Very profitable business with solid Rent Roll, consistent turnover.

Turnover: Consistently $1m plus

Adjusted Net: $380,000 to owner.

Years Established: 11 years

Rent per Calendar Month: $4,090.83 + GST

Outgoing Paid By: Included in rent

Lease Terms: 3 mths plus 3 years

Lettable Area: 107m2

Permanent Staff: Owner 3 Sales, 1 Property Management, 1 property officer & 1 PA/Reception

Hours: Monday to Friday: 9am to 5pm Saturday 9am to 5pm Sunday by appointment

If you want more information you MUST fill out a confidentiality form. Find the business on our website at and download Confidentiality agreement

Property Information

Real Estate:

Lease

Lease Terms:

$4,090 pcm + GST. Outgoings included in rent. 8 months plus 3 year lease.

Leasehold Rent:

$49,090 (AUD) per annum

Location:

Central Coast

Premises Details:

107m2 Shop

Business Operation

Trading hours:

Monday to Saturday 9am to 5pm Sunday by appointment

Employees:
Owner 3 Sales, 1 Property Management, 1 Property Officer & 1 PA/Reception
Years established:
8 years

Other Information

Furniture / Fixtures value:
$50,000 (AUD) - included in the asking price

Contact Information

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