This predominantly residential portfolio is centred on Monash, with properties in Burwood, Chadstone, Glen Waverley, Mount Waverley and nearby suburbs. It includes approximately 337 residential properties, four commercial properties and two car parks, generating $454,504.39 in annual management and rent collection fees plus $120,424.49 in additional fees. Retiring directors offer the option to acquire the rent roll alone or the entire business.
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. 343
Property mix
337 residential, 4 commercial, 2 other
Average weekly rent
Not disclosed
Location
Melbourne – South East, VIC
Suburbs mentioned
Burwood, Chadstone, Glen Waverley, Mount Waverley
Income
Annual management income
$454,504
Other fee income
$120,424
Total income
$574,928
AAMI (per property)
$1,328
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$1,681,666
Multiple
3.7×
GST basis
Not stated
Sale details
Status
Sold
Staff
Potential for a million-dollar fee writer to join if the entire business is acquired
Office
High-quality fit-out available with optional whole-business acquisition
Software
Not disclosed
Reason for sale
Directors retiring
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
1111902
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1111902). Last checked today. Always confirm details with the broker.