July 2023 – Rural  – North West NSW Rent Roll 

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July 2023
Rural  – North West NSW 
 
Rent Roll
Stand Alone Asset

With or without the leased high profile main street premises

Lease available:   3+3+3

Rent:  $41,000 + GST + outgoings
Floorspace available is more than enough for growth with 200sqm +
Carspaces:     2 spaces sealed carpark
Property Management 
 
PUM 
 
# of Landlords:                      178
# of Properties:                     208
Software 
 
PropertyMe
 
FY 2022- 2023 
 
Pure Management Fees:    $214,000
About 
 
This Rent Roll Portfolio has been established for 2 decades +
A wonderful rural town with a bustling community
Comment  
 
Well known and desirable NW NSW Rural Service Town
Stable population
Numerous rural based service activities
All the essentials are here in town for your family to enjoy – family, sport, hospitals, schools, medical, community service clubs, etc.
Sale Price
 
$590,000 + GST
Inspection of Agency Records 
 
Is available by agreed date & time
Review of Agency Income & Expenses is available from the Seller’s Accountant to your nominated Accountant
Terms of Sale 
 
We can discuss

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

July 2023 – Metro  – North West Sydney Rent Roll 

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July 2023
Metro  – North West Sydney 
 
Rent Roll 
“Little fish are sweet“ 
With or without the leased premises, enjoying a modern main street position 
Premises 

Prominent Ground Floor on  Main Street

Lease current term: + 5+5
Rent:         $80,000 + gst + outgoings
Floorspace:       180sqm approx
Car spaces:     3 secure spaces
Property Management 
 
PUM 
 
# of landlords:       110
# of properties:        116
Software  
 
PropertyMe
 
Pure Management Commission 
 
FY 2022 to 2023:  $226,000
About 
 
The agency owner is retiring after a long career
This Portfolio is organised , records & filing up to date and will meet your due diligence requirements
Position 
 
Readily recognisable from the vehicles passing by
 
Good vehicle access with ample parking for both existing & new clients
A busy commercial centre with a strong mix of national & statewide business houses
You will like that 90% of the PUM are within 20 minute drive
You will like that the landlord to property ratio is close to 1:1
Offered for sale as a going concern; stand alone asset with fittings & premises or merge with your agency portfolio
 
Comment  
 
A well established locality, well  known, a desirable location and service area
Sale Price
 
$ 975,000 + GST
Inspection of Agency Records 
 
Is available by agreed date & time
Review of Agency Income & Expenses is available from the Seller’s Accountant to your nominated Accountant
Terms Of Sale 
 
We can discuss

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

August 2023 – Coming Soon To Market “Blue chip industrial portfolio” 

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AUGUST 2023
Coming Soon To Market “Blue chip industrial portfolio” 
 
Metro – Sydney 
 
Desirable industrial portfolio , around 50 properties 
 
Reasonable market price 
 
Experienced Agents Only – the Seller will not sell to enthusiastic beginners 
 
Genuine reason for sale – life happens
Register your interest by phone or email 
 
Registered enquiries will be contacted first

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

August 2023 – Tree Change – Coming Soon To Market “Rural town residential portfolio” 

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AUGUST 2023
Tree Change – Coming Soon To Market “Rural town residential  portfolio” 
 
Less than 3hrs from Martin Place, Sydney 
 
Beautiful rural town 
 
PUM   200 properties approximately 
 
Fair market price 
 
Sellers are retiring 
Register your interest by phone or email 
 
Registered enquiries will be contacted first

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

September 2023 – Coming Soon To Market “Residential portfolio” 

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SEPTEMBER 2023
Central Coast – Coming Soon To Market “Residential portfolio” 
 
Less than 2hrs from Martin Place, Sydney 
 
Beautiful Central Coast  
 
PUM   75 properties approximately 
 
Fair market price 
 
Sellers are retiring 
Register your interest by phone or email 
 
Registered enquiries will be contacted first

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

SOLD – South Coast Agency For Sale – South of Batemans Bay

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SOLD – South Coast Agency For Sale – South of Batemans Bay 
 PREMISES

Prominent Street Front Office

Lease is available  3+3+3 or 5+5+5
Base rent        $2,200    Grosss monthly rent incl gst
Floorspace     100sqm  With Kitchen & Bathroom
+
Carapaces.    3 spaces Sealed concrete carpark
PROPERTY MANAGEMENT
PUM 
# of landlords        XX
# of properties      XX
REST  Software Reports 
Monthly PM Income 
pure management income range  $8,300 to $8,800
That is Only Management Income , it does not include Let Fees , Advert Recoveries
        SALES
Revenue 
Pre Covid
The decade prior to January 2020 the agency banked Sales Commission of $450,000 to $700,000 each FY
July 2021 thru to April 2022 
13 Sales
Gross $149,000
Archive Sales Records 
15 years +
An asset so often overlooked designing agency marketing for property appraisals & listings for sales.
Why this valuable source of recurring property listings is ignored, is beyond common business sense
About 
The  oldest established agency in the region
Service area includes 7 suburbs
Position 
High profile address within the township
Enjoys good pedestrian & vehicle traffic
A position well suited for an agency practice
Asking Price
$400,000 + GST

Or as a going concern 

Inspection of Agency Records 
Is available by agreed date & time
Review of Agency Income & Expenses is available from the agency Accountant to your nominated Accountant
Terms of Sale 
  1. Agreed Heads of Agreement
  2. 10% Deposit
  3. Draft Contract of Sale Ordered
  4. Execute Contract of Sale & Exchange
  5. Post Exchange Seller introduces Purchaser & Seller Secures New MAA
  6. Once MAAs completed the Completion Date is Agreed
  7. At Completion a sum equivalent to 20% of the Sale Price is held in Trust as Retention Monies for a period of 6  months
  8. Post Completion + 6 months Reconciliation of Retention Monies held in Trust Against Any Lost Managements Trust Monies are disbursed as required

Call me for a confidential discussion.

Please contact Gerard Payne:
0407 972 234
 gerard@nswrrb.com

Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.

Angus Raine

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Gerard has been a franchisee of our Raine & Horne network as the Director of Raine & Horne City Living located at Pyrmont from December 2002 until April 2014. An enthusiastic agent with clear business goals and an in depth understanding of agency practice. I am happy to recommend Gerard as the broker of choice if you are ready to discuss the sale of your agency practice.

Stephen Whyte

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I have known Gerard Payne both professionally and personally for over 15 years and in that time he has shown a direct, honest and professional manner in all of his dealings. His vast and extensive knowledge in all facets of the Real Estate industry with over 35 years of experience is unquestionable.

I have no hesitation and would highly recommend Gerard’s services if you are looking for a skilled negotiator to maximise the sale of your Rent Roll.

I am more than happy to discuss in further detail Gerard’s extensive business acumen.

Joe Murphy

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I have known Gerard Payne on a business & personal level for over 20 years. During this time he has run very successful real estate businesses.

His knowledge of a real estate business is 2nd to none. I have always found him to be extremely trustworthy, passionate & totally dedicated to his business & its clientele.

I would have no hesitation in recommending him to any prospective clients.

Matt Goodwin

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It is with pleasure that I have the opportunity to provide this reference for Gerard Payne who I have known for 30 years.

On a professional business level I have witnessed Gerard grow from a small family real estate business in Shell harbour to a large, vibrant and very successful real estate business in Pyrmont Sydney. This business growth is a direct result of Gerard’s drive, passion and commitment to provide clients with the best possible service and management practises in the industry.

With the help of Gerard’s knowledge, experience and skills he has brought, sold and managed several properties for us and all have been successful investments.

On a more personal note I have found Gerard to be conscientious, reliable and hard working. His open honesty creates a quick sense of trust, ease of communication and approachability. Gerard carries these personal attributes into the wider community giving his time freely supporting various organisations and charity events.

In all of Gerard’s endeavours he has had a strong and beneficial impact which is a result of the courage, honesty, character and commitment that will never leave him.