This sold Mornington Peninsula rent roll comprises 125 residential and three commercial properties, predominantly in the peninsula's outer south. Annual management income is $179,722 and total annual income is $216,000, with an average residential management fee of 5.5%.
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
128
Property mix
125 residential, 3 commercial
Average weekly rent
$491
Location
Mornington Peninsula, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$179,722
Other fee income
$36,278
Total income
$216,000
AAMI (per property)
$1,404
Average management fee
5.5%
Price
Price type
Fixed price
Price
$632,621
Multiple
3.52× (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
6 Aug 2024
Sold
Already sold when we first saw it
Broker reference
RRB2412
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2412). Last checked today. Always confirm details with the broker.