Our Listings
South Coast Agency For Sale – South of Batemans Bay
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
- Agreed Heads of Agreement
- 10% Deposit
- Draft Contract of Sale Ordered
- Execute Contract of Sale & Exchange
- Post Exchange Seller introduces Purchaser & Seller Secures New MAA
- Once MAAs completed the Completion Date is Agreed
- At Completion a sum equivalent to 20% of the Sale Price is held in Trust as Retention Monies for a period of 6 months
- 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:
[icon name=”phone” class=”” unprefixed_class=””] 0407 972 234
[icon name=”envelope-o” class=”” unprefixed_class=””] gerard@nswrrb.com
Don’t forget to visit the tab here on my website – Employment Agreement – and learn how you can protect your asset.
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