This sold rent roll comprises 50 residential properties predominantly across Melbourne's inner south and south-east. Annual management income is $77,287, with total rent-roll income of $89,000 and an average residential management fee of 5.31%.
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
50
Property mix
50 residential
Average weekly rent
$564
Location
Melbourne – South East, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$77,287
Other fee income
$11,713
Total income
$89,000
AAMI (per property)
$1,546
Average management fee
5.31%
Price
Price type
Fixed price
Price
$260,000
Multiple
3.36× (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
21 Oct 2024
Sold
Already sold when we first saw it
Broker reference
RRB2411
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2411). Last checked today. Always confirm details with the broker.