This Wollongong portfolio comprises approximately 75 properties, including 73 residential and two commercial managements. Annual management and rent collection income is $145,775.79, with another $47,225.14 in fees and charges and residential AAMI of $1,950.42. The transaction is structured as a company sale, with the owner retiring.
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. 75
Property mix
73 residential, 2 commercial
Average weekly rent
Not disclosed
Location
Illawarra, NSW
Suburbs mentioned
Wollongong
Income
Annual management income
$145,776
Other fee income
$47,225
Total income
$193,001
AAMI (per property)
$1,950
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$502,926
Multiple
3.45×
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owner retiring
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1319853
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1319853). Last checked today. Always confirm details with the broker.