Take your real estate career to the next level with this amazing opportunity to acquire a well-established sales agency and its extensive rental portfolio. 

Make a statement in the Cairns property management market with 358 residential properties + 5 commercial properties. With a residential AAMI of over $1,790, this could be the income boost you’ve been waiting for. 

Opportunities like this are rare, so contact us to see how we can help you secure this chance today. 

 

rent roll information – residential 

  • 358 properties 
  • Income p.a. from management fees and rent collection $641,904 
  • Income p.a. from additional fees and charges $104,987 
  • Total income $746,891 per annum 
  • Average annual management income [AAMI] of $1,793 per property  
  • Average management fee of 7.77%  
  • Average weekly rent of $442 

 Residential rent roll for sale at $2.80 per $1.00 income. 
Total residential rent roll price $1,797,332 

 

rent roll information – commercial 

  • 5 properties 
  • Income p.a. from management fees and rent collection $17,780 
  • Average annual management income [AAMI] of $3,556 per property  
  • Average management fee of 5.72%  
  • Average monthly rent of $5,608 

Commercial rent roll for sale at $2.00 per $1.00 income. 
Total commercial rent roll price $35,560 

 

Total rent roll price [residential + commercial]: $1,832,892 

 

sales business + agency 

  • Established for over 35 years 
  • Located in a premium location 
  • Strong client base 

Sales business and agency for sale [including unencumbered plant + equipment]: POA