This residential rent roll comprises 282 properties concentrated in Adelaide's northern suburbs and was built over six years. Annual management income is $500,736, with an average management fee of 6.24%; the vendor is exiting property management and offers flexibility around handover support.
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
282
Property mix
282 residential
Average weekly rent
$547
Location
Adelaide – North, SA
Suburbs mentioned
Not disclosed
Income
Annual management income
$500,736
Other fee income
$274,506
Total income
$775,242
AAMI (per property)
$1,776
Average management fee
6.24%
Price
Price type
Fixed price
Price
$2,000,000
Multiple
3.99× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Satellite office mentioned as an operating option, not an included office.
Software
Not disclosed
Reason for sale
Owner is exiting property management to focus on other ventures.
Listed
5 Sept 2025
Tender closes
24 Sept 2025
Sold
Already sold when we first saw it
Broker reference
RRB2514
Price and status history
First seen as sold15 Oct 2026
Also listed on
This rent roll looks like the same portfolio listed by another broker (matching state, size and income).