Unlock the opportunity of a lifetime in the vibrant Cairns real estate market!
This turn key agency offers a lucrative rent roll portfolio of residential and commercial properties, along with a well-established sales agency that could be your foundation for success.
The office is located in a high-profile location with excellent exposure and the ability to service clients across Cairns.
Don’t miss out on the chance to own a slice of the Cairns real estate market and build your legacy.
rent roll – residential
- 399 properties
- Income p.a. from management fees and rent collection $680,721
- Average annual management income [AAMI] of $1,706 per property
- Average management fee of 8.22%
- Average weekly rent of $398
Residential Rent Roll for sale at $2.80 per $1.00 income.
Residential Rent Roll price $1,906,020
rent roll – commercial: sheds
- 56 properties
- Income p.a. from management fees and rent collection $39,494
- Average annual management income [AAMI] of $705 per property
- Average management fee of 7.00%
- Average monthly rent of $839
Commercial [sheds] Rent Roll for sale at $1.50 per $1.00 income.
Commercial [sheds] Rent Roll price $59,241
rent roll – commercial: other
- 24 properties
- Income p.a. from management fees and rent collection $47,648
- Average annual management income [AAMI] of $1,985 per property
- Average management fee of 5.75%
- Average monthly rent of $2,891
Commercial [other] Rent Roll for sale at $2.00 per $1.00 income.
Commercial [other] Rent Roll price $89,407
additional income [whole portfolio]
- Income p.a. from additional fees and charges $59,926
Total Rent Roll price [whole portfolio] $2,054,669
sales business + agency
- High profile location
- Well established business
Sales business and agency for sale at $50,000 including unencumbered plant + equipment