rent roll for sale Cassowary Coast + Cairns with 208 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 208 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]

  • 132 properties
  • Income p.a. from management fees and rent collection $222,048
  • Average annual management income [AAMI] of $1,682 per property
  • Average management fee of 8.95%
  • Average weekly rent of $361

Rent Roll for sale at $2.50 per $1.00 income.
Total rent roll price $555,121

 

rent roll information [commercial]

  • 18 properties
  • Income p.a. from management fees and rent collection $17,123
  • Average annual management income [AAMI] of $951 per property
  • Average management fee of 7.48%
  • Average monthly rent of $1,050

Rent Roll for sale at $1.80 per $1.00 income.
Total rent roll price $30,821

 

rent roll information [sheds]

  • 58 properties
  • Income p.a. from management fees and rent collection $15,072
  • Average annual management income [AAMI] of $260 per property
  • Average management fee of 7.59%
  • Average monthly rent of $278

Rent Roll for sale at $1.30 per $1.00 income.
Total rent roll price $19,593

 

additional fees [entire portfolio]:

  • Income p.a. from additional fees and charges $40,767

 

total asking price – rent roll: $605,534

 

sales business + agency

  • Locally established and operated
  • Strong reputation with local community

 

sales business and agency for sale at POA [including unencumbered plant + equipment]