This sold portfolio comprises 18 residential managements concentrated in Melbourne’s outer south-eastern area. Annual management income is $26,527 and total rent-roll income is $31,000, with an average management fee of 6.4%. The portfolio was a smaller portion of a larger rent roll sold elsewhere in Melbourne.
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
18
Property mix
18 residential
Average weekly rent
$442
Location
Melbourne – South East, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$26,527
Other fee income
$4,473
Total income
$31,000
AAMI (per property)
$1,474
Average management fee
6.4%
Price
Price type
Fixed price
Price
$85,000
Multiple
3.2× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
2 Aug 2023
Sold
Already sold when we first saw it
Broker reference
RRB2317
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2317). Last checked today. Always confirm details with the broker.