This residential rent roll comprises 65 properties across Melbourne’s south-eastern suburbs, predominantly around Cheltenham. Annual management fee income is $89,528, with an average management fee of 5.9% and average weekly rent of $449. Additional leasing and inspection fees are mentioned, but no annual dollar amount is provided.
Written by us from the broker's listing. Read the full listing on The Rent Roll Broker's site.
Key facts
Portfolio
Property type
Residential
Properties
65
Property mix
65 residential
Average weekly rent
$449
Location
Melbourne – South East, VIC
Suburbs mentioned
Cheltenham
Income
Annual management income
$89,528
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,377
Average management fee
5.9%
Price
Price type
Fixed price
Price
$348,645
Multiple
3.89× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
19 Apr 2021
Sold
Already sold when we first saw it
Broker reference
RRB2106
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2106). Last checked today. Always confirm details with the broker.