315 Property Managements Canberra

Business Details

315 Property Managements for Sale in Canberra

Here is a unique opportunity to own outright or vendor finance ownership of 315 property management.

Option A: The owner is prepared to sell the entire rent roll for $2.1 million, which is about 3 times the management fees of $685,000 (2024). Total rent fees were $775,000 in (2024)

Option B:  You buy 50%, and vendor finance the difference over 3-5 years while you pay him a licensing fee to take ownership of the whole rent roll now.
His interest is simply to work as a listing and selling agent. He would be happy to stay on as a sales agent.

A snapshot of the rent roll:
 

33% Houses
10% Townhouses
57% Apartments
Management fee ex GST 6.9%

There are three staff members in place to manage the business, which is a non-franchise, and the office is in a month-to-month tenancy.

Having recently sold rent-rolls at 3.15 times management fees, this represents great value with the added benefit of the potentiality of vendor finance.

Interested parties, please provide your full name contact number stating the fact that you are interested in owning - 315 Property Managements for Sale in Canberra.

Financial Snapshot

Reporting Period Weekly Average Weekly Average Weekly Average

Business Summary

Canberra, Australian Capital Territory
Property/Real estate.

Enquire Now

Sales Summary

Sale Status : Under Offer

Sale Method : Private Treaty

Investment Amount : $2,100,000

Stock at Value : $0.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au