This residential rent roll comprises approximately 254 properties, predominantly in Mornington, Mount Martha and Mount Eliza. Annual management income is $389,855.41, with a further $38,449.01 in fees and charges. Staff are already in place, and the portfolio represents approximately half of a larger rent roll that will continue operating.
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. 254
Property mix
254 residential
Average weekly rent
Not disclosed
Location
Mornington Peninsula, VIC
Suburbs mentioned
Mornington, Mount Martha, Mount Eliza
Income
Annual management income
$389,855
Other fee income
$38,449
Total income
$428,304
AAMI (per property)
$1,535
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$1,364,494
Multiple
3.5×
GST basis
Not stated
Sale details
Status
Sold
Staff
Staff already in place
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1418349
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1418349). Last checked today. Always confirm details with the broker.