This sold rent roll comprises 10 residential properties in Melbourne's south-eastern suburbs. Annual management fee income is $15,210 and total annual income is $23,000, with an average management fee of 5.91% and average weekly rent of $495.
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
10
Property mix
10 residential
Average weekly rent
$495
Location
Melbourne – South East, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$15,210
Other fee income
$7,790
Total income
$23,000
AAMI (per property)
$1,521
Average management fee
5.91%
Price
Price type
Fixed price
Price
$47,500
Multiple
3.12× (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
20 May 2022
Sold
Already sold when we first saw it
Broker reference
RRB2207
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2207). Last checked today. Always confirm details with the broker.