This portfolio comprises approximately 177 properties across Port Phillip, Glen Eira and Bayside, including 163 residential and 14 commercial properties. Annual management and rent collection income is $204,329.06, with an additional $34,284.61 in fees and charges. A separately identified multi-owner component involves rent collection while the landlord generally handles maintenance and repairs.
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. 177
Property mix
163 residential, 14 commercial
Average weekly rent
Not disclosed
Location
Melbourne – Inner South, VIC
Suburbs mentioned
Elwood, Murrumbeena, St Kilda
Income
Annual management income
$204,329
Other fee income
$34,285
Total income
$238,614
AAMI (per property)
$1,248
Average management fee
Not disclosed
Price
Price type
Not disclosed
Price
Not disclosed
Multiple
3.15×
Commercial multiple
3.15×
Multiple Owner multiple
0.55×
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
1092455
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1092455). Last checked today. Always confirm details with the broker.