July 2023 – Metro – North West Sydney Rent Roll
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.