rent roll for sale Cassowary Coast + Cairns with 213 properties plus sales agency!
Are you seeking an opportunity to acquire an established rent roll + sales agency across the Cassowary Coast + Cairns region?
This business comprises a diversified rent roll of 213 properties spanning residential, commercial and shed assets, and is complemented by a locally established sales business and agency. This could the right opportunity for an operator looking for instant scale and organic growth potential.
rent roll information [residential]
- 135 properties
- Income p.a. from management fees and rent collection $228,369
- Average annual management income [AAMI] of $1,692 per property
- Average management fee of 8.89%
- Average weekly rent of $366
Rent Roll for sale at $2.50 per $1.00 income.
Total rent roll price $570,922
rent roll information [commercial]
- 20 properties
- Income p.a. from management fees and rent collection $18,551
- Average annual management income [AAMI] of $928 per property
- Average management fee of 7.60%
- Average monthly rent of $1,011
Rent Roll for sale at $1.80 per $1.00 income.
Total rent roll price $33,392
rent roll information [sheds]
- 58 properties
- Income p.a. from management fees and rent collection $15,982
- Average annual management income [AAMI] of $276 per property
- Average management fee of 7.59%
- Average monthly rent of $291
Rent Roll for sale at $1.30 per $1.00 income.
Total rent roll price $20,776
additional fees [entire portfolio]:
- Income p.a. from additional fees and charges $40,767
total asking price – rent roll: $625,091
sales business + agency
- Locally established and operated
- Strong reputation with local community