This portfolio comprises approximately 185 managed properties in a coastal township on the Cassowary Coast, south of Cairns. It is predominantly residential, with commercial properties, sheds and holiday lettings also included; residential average annual management income is stated as $1,639.85 per property.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Residential
Properties
Approx. 185
Property mix
Not disclosed
Average weekly rent
Not disclosed
Location
Cairns, QLD
Suburbs mentioned
Not disclosed
Income
Annual management income
Not disclosed
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,640
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$404,809
Multiple
1.9×
Commercial multiple
1.5×
Shed multiple
1×
Holiday multiple
1.8×
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1453420
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1453420). Last checked today. Always confirm details with the broker.