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

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

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
# 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
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
The  oldest established agency in the region
Service area includes 7 suburbs
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

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