Sold business 3451019
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Business NO.:
3451019
Status:
Active
Price:
$3,980,000.00
Updated on:
22/09/2025
Business Features:
Franchise
Offers training, guidance, an established business model and a pre-existing loyal customer base. Find out more about franchises.

Residential /Commercial Rent Roll & Sales Office (In Administration) - GLRR092

Management Rights | Business for Sale | Warragul

Owned by current owner/s since mid-2014 and now under instructions from the Administrator Appointed this portfolio has grown organically and by acquisition.

A Residential & Commercial Portfolio servicing the areas of Warragul, Drouin, Moe & Surrounding Suburbs and consist of 821 residential, 146 commercial and 630 storage units.

The average weekly rent is $405.45 (Residential), $611.75 (Commercial) and $36.13 (Storage Units).

The average management commission percentage is 6.37% (Residential), 4.71% (Commercial) and 5.73% (Storage Units).

The Average annual management income is $1,335.09 (Residential), $1,369.47 (Commercial) and $105.09 (Storage Units).

Annual Projected Management Income is $1,330,586.01.

Current Vacancy Rate is 1.46% (Residential), 6.85% (Commercial) and 4.76% (Storage Units).

For more details, please email broker or call agents.


415 Canterbury Road, Surrey Hills, VIC 3127