Rarely does the opportunity present to substantially increase the scale of your existing property management business in one hit, or create a business of scale from the ground up. Offered is a full-scale Property Management business complete with a Rent Roll of 341 properties with a very high proportion of the properties in New Farm and surrounding suburbs. Built on a reputation for quality service and a no-nonsense approach to property management, the owner of this business is looking to downsize the agency and relinquish the responsibilities of the property management component. ‘All Urban’ is a property management company that runs a rent roll of 341 residential properties, 3 commercial tenancies, and 4 garage spaces/car parks.

Key Features

  • Rent roll of 341 properties
  • $424,050 in gross commission per year
  • Lease of a fully set up, furnished and staffed office in New Farm Shopping Precinct
  • Current staff can remain in place if the buyer wishes
  • Buyer can take over full agency including sales functions
  • Current principal can remain in place as sales staff
  • All IP including software, logos, trademarks and brand related items
  • Full inventory including 2 small branded vehicles and all office equipment

 

 NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005635
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: New Farm
Sale Type: Management Rights - All
Net Profit: $424,050
Price: $1,125,000 FIRM AS PER VALUATION

Listing Agent(s)

Agent Feedback

We would like to thank Nathan and Resort Brokers for their excellent service and support during the purchase of our Management Rights. This is the second time we have dealt with Resort Brokers and again we have found them to be very professional in all our dealings. 

- Stuart & Mary McCaul
Buyer,
Henley Apartments

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L