This sold portfolio in Melbourne’s inner west comprises 405 tenancies, including 402 residential and 3 commercial properties. Annual management fee income is approximately $470,000, with total annual income of $550,878 and an average residential management fee of 4.96%.
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
405
Property mix
402 residential, 3 commercial
Average weekly rent
$453
Location
Melbourne – West, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$470,000
Other fee income
$80,878
Total income
$550,878
AAMI (per property)
$1,160
Average management fee
4.96%
Price
Price type
Not disclosed
Price
Not disclosed
Multiple
Not disclosed
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
25 Sept 2023
Sold
Already sold when we first saw it
Broker reference
RRB2304
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2304). Last checked today. Always confirm details with the broker.