This Mallee, Victoria rent roll comprises 207 properties, including 201 residential properties and six commercial tenancies, with annual management income of $219,608 and total income of $240,000. The owners are seeking to retire and may be available to assist with the handover after settlement.
Written by us from the broker's listing. Read the full listing on The Rent Roll Broker's site.
Key facts
Portfolio
Property type
Residential
Properties
207
Property mix
201 residential, 6 commercial
Average weekly rent
$270
Location
North West, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$219,608
Other fee income
$20,392
Total income
$240,000
AAMI (per property)
$1,056
Average management fee
7.59%
Price
Price type
Fixed price
Price
$589,500
Multiple
2.68× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners wish to slow down and retire from the industry.
Listed
24 Nov 2023
Sold
Already sold when we first saw it
Broker reference
RRB2326
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2326). Last checked today. Always confirm details with the broker.