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

 

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