This sold Gippsland portfolio comprises 160 residential properties and two commercial tenancies. Annual management income is $116,774, with an average residential management fee of 6.52% and average weekly rent of $211. The listing also mentions a walk-in walk-out agency opportunity.
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
162
Property mix
160 residential, 2 commercial
Average weekly rent
$211
Location
Latrobe – Gippsland, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$116,774
Other fee income
Not disclosed
Total income
$116,774
AAMI (per property)
$720
Average management fee
6.52%
Price
Price type
Fixed price
Price
$235,000
Multiple
2.01× (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
27 July 2021
Sold
Already sold when we first saw it
Broker reference
RRB2113
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2113). Last checked today. Always confirm details with the broker.