This Ormeau and surrounding suburbs portfolio comprises 136 residential properties and one commercial property, with zero vacancies and low arrears reported. Annual management income is stated separately as $309,032 for residential and $2,182 for commercial, with a further $29,447 in additional fees across the portfolio.
Written by us from the broker's listing. Read the full listing on businessDEPOT's site.
Key facts
Portfolio
Property type
Residential
Properties
137
Property mix
136 residential, 1 commercial
Average weekly rent
$584
Location
Gold Coast, QLD
Suburbs mentioned
Ormeau
Income
Annual management income
$309,032
Other fee income
$29,447
Total income
$338,479
AAMI (per property)
$2,272
Average management fee
7.5%
Price
Price type
Fixed price
Price
$995,120
Multiple
3.2×
Commercial multiple
2.85×
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
BDAB486
Price and status history
First seen as sold15 Oct 2026
Information summarised from businessDEPOT's listing (ref BDAB486). Last checked today. Always confirm details with the broker.