This established rent roll covers approximately 310 properties in the City of Whittlesea, including Mill Park, Mernda, Epping and South Morang. It comprises approximately 296 residential and 14 commercial properties, generating annual management income of $370,396.42 and additional fee income of $42,078.86. The portfolio was grown organically over 25 years, and most properties are less than 20 years old.
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. 310
Property mix
296 residential, 14 commercial
Average weekly rent
Not disclosed
Location
Melbourne – North East, VIC
Suburbs mentioned
Mill Park, Mernda, Epping, South Morang
Income
Annual management income
$370,396
Other fee income
$42,079
Total income
$412,475
AAMI (per property)
$1,150
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$1,037,110
Multiple
2.8×
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
1389702
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1389702). Last checked today. Always confirm details with the broker.