A Northern Rivers portfolio of approximately 362 properties comprises 116 residential properties, 17 commercial properties and 229 sheds. It generates $209,969.61 annually in management and rent collection fees, plus $38,573.50 in additional fees, with an optional agency acquisition including an outfitted office and staff.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Mixed
Properties
Approx. 362
Property mix
116 residential, 17 commercial, 229 other
Average weekly rent
Not disclosed
Location
Richmond – Tweed, NSW
Suburbs mentioned
Not disclosed
Income
Annual management income
$209,970
Other fee income
$38,574
Total income
$248,544
AAMI (per property)
$1,274
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$505,563
Multiple
2.45×
Commercial multiple
2.2×
Sheds multiple
1.8×
GST basis
Not stated
Sale details
Status
Sold
Staff
Staff available with the optional agency
Office
Optional fully outfitted 225sqm office
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1234142
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1234142). Last checked today. Always confirm details with the broker.