The Cassowary Coast and Cairns portfolio comprises 213 properties: 135 residential, 20 commercial and 58 sheds. The residential component generates $228,369 annually in management and rent collection fees, while additional fees across the entire portfolio generate $40,767 annually. A locally established sales business and agency is also offered separately, including unencumbered plant and equipment.
Written by us from the broker's listing. Read the full listing on businessDEPOT's site.
Key facts
Portfolio
Property type
Residential
Properties
213
Property mix
135 residential, 20 commercial, 58 other
Average weekly rent
$366
Location
Cairns, QLD
Suburbs mentioned
Cairns
Income
Annual management income
Not disclosed
Other fee income
$40,767
Total income
Not disclosed
AAMI (per property)
Not disclosed
Average management fee
8.89%
Price
Price type
Fixed price
Price
$625,091
Multiple
2.5×
Commercial multiple
1.8×
Sheds multiple
1.3×
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
BDAB526
Price and status history
First seen as sold15 Oct 2026
Information summarised from businessDEPOT's listing (ref BDAB526). Last checked today. Always confirm details with the broker.