Rent Roll and Real Estate Agency – Gold Coast Central For Sale

Take advantage of this rare opportunity to acquire a successful rent roll and real estate agency centrally located in the bustling Gold Coast. This long-standing business, operating for over 25 years, offers 156 managements, split between residential (80%) and commercial (20%) properties, with an average weekly rent of $655.61 and an average commission of 6.13%. The business generates a stable income of $323,485.27 p.a. plus sundry income, with further potential for growth. With dedicated staff in place, the seller is willing to provide training to ensure a smooth transition.

Business Highlights:

• 156 managements: 123 residential, 33 commercial
• Average weekly rent: $655.61
• Average income per property: $2,100.55 p.a.
• Commission rate: 6.13%
• Earnings: $323,485.27 p.a. plus additional income streams
• 25+ years of operation with a loyal client base
• Centrally located office in a thriving Gold Coast suburb
• Seller willing to stay for training post-sale
• Potential to expand into property sales

This business is perfect for a new owner or an existing operator looking to expand their portfolio with a profitable and reputable rent roll. With stable earnings and an experienced team, it provides a seamless transition for an astute buyer. Contact us today for more information and secure your future in the thriving Gold Coast property market.

A Prospective Buyer will need to hold a QLD Real Estate Agent’s Licence.

Asking Price and Terms:

• Rent Roll valued at $1,035,152.86 (Multiplier: $3.20)
• Agency included at no extra cost
• Total: $1,035,152.86