This sold rent roll comprises 120 managements across Melbourne's CBD and inner suburbs, including 102 long-term residential properties and 18 commercial properties. Annual management income is $202,276 and total annual income is $262,958, with many properties located close to the agency's CBD office.
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
120
Property mix
102 residential, 18 commercial
Average weekly rent
$651
Location
Melbourne – Inner, VIC
Suburbs mentioned
Melbourne CBD
Income
Annual management income
$202,276
Other fee income
$60,683
Total income
$262,958
AAMI (per property)
$1,706
Average management fee
5.41%
Price
Price type
Fixed price
Price
$707,965
Multiple
3.5× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
CBD office premises mentioned; inclusion not stated
Software
Not disclosed
Reason for sale
Not disclosed
Listed
27 Aug 2024
Sold
Already sold when we first saw it
Broker reference
RRB2414
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2414). Last checked today. Always confirm details with the broker.