Portfolio Features
Reference: mc8012
This business was established in 2011. Long standing loyal landlords and great success with helping owners build, develop and manage their investment properties.
Reason for Sale
One principal looking to retire. Other Principal looking to stay on.
Highlights
Properties (PUM)
213 (211 RESIDENTIAL 2 COMMERCIAL)
Locations
Redfern, Strathfield, West Ryde, Abbotsford and Parramatta.
Annual Management Income
$373K pa
Average Management Commission (Ex GST)
4.70% + GST
Letting Fees & Other Fees
$71K pa
Average Annual Management Income Per Property (AAMI)
$1750.65
EOI Process & Next Steps
I’m interested. Where to next?
Complete a non-disclosure agreement
Request a copy of a non-disclosure agreement in reference to this Preliminary Information Statement.
NDA & Expression of Interest (EOI)
Interested parties that have signed & returned a non-disclosure agreement will be provided with a full Information Memorandum as well as Expression of Interest (EOI) form and process of this EOI along with key dates and timeline.
Submit questions
Interested parties to submit questions arising from their review of the Information Memorandum.
Offers
After the review of EOI submission forms interested parties will be notified and invited to take part in a short due diligence of the rent roll, and then final and firm offers to be completed.
Contract exchange
Successful bidder will then be notified and proceed to Heads of Agreement/Sales Advice and exchange of contracts ASAP.