A terrific chance to step into one of this town’s leading agencies and in a market with very few competitors!
Approx 68 managements, all earning good fees and well run by the 2 property managers. Tightly focused on Maleny with 70% of properties in the town, this will be a very efficient rent roll to manage. An exceptional average fee of 8.13% excl gst produces an AAMI (average annual management income) of $2,328. This is excellent for the Hinterland market.
A small but strong sales team earned gross commissions of $2.04m over the past 12 months.
Limited opportunity to walk right into a fully equipped and high income business with a number of long term staff. Full non-solicitation restraints available.
Very few PM agencies serve this Hinterland community so it’s rare for a rent roll to come onto the market. My genuine clients have listed for an immediate sale.
Call Rob on 0423 332022 for the full Information Memorandum!