cairns rent roll for sale

 

Looking for a lifestyle change paired with a solid business opportunity in Cairns?

This rent roll comprises 84 residential properties and 3 rooming properties, delivering a residential AAMI of $2,139 and a rooming AAMI of $876. The portfolio could suit an existing operator seeking instant scale or may provide a practical starting point for a new operator looking to establish a property management department.

 

rent roll information [residential]

  • 84 properties
  • Income p.a. from management fees and rent collection $179,678
  • Average annual management income [AAMI] of $2,139 per property
  • Average management fee of 7.74%
  • Average weekly rent of $536

Rent Roll for sale at $2.80 per $1.00 income.
Total rent roll price $503,097

 

rent roll information [rooming]

  • 3 properties
  • Income p.a. from management fees and rent collection $2,628
  • Average annual management income [AAMI] of $876 per property
  • Average management fee of 7 %
  • Average weekly rent of $240

Rent Roll for sale at $1.50 per $1.00 income.
Total rent roll price $3,942

 

additional income [entire portfolio]

  • Income p.a. from additional fees and charges $26,864

 

total purchase price [residential + rooming]: $507,039