This central Frankston rent roll comprises approximately 88 residential properties, predominantly freestanding homes. It reports annual management and rent collection income of $118,913.57, plus $8,681 in additional fees and charges, with no arrears and minimal maintenance requirements.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Residential
Properties
Approx. 88
Property mix
88 residential
Average weekly rent
Not disclosed
Location
Mornington Peninsula, VIC
Suburbs mentioned
Frankston
Income
Annual management income
$118,914
Other fee income
$8,681
Total income
$127,595
AAMI (per property)
$1,351
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$368,632
Multiple
3.1×
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1630915
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1630915). Last checked today. Always confirm details with the broker.