This residential rent roll comprises approximately 50 properties across Adelaide’s southern suburbs, including Glenelg, Blackwood and Flagstaff Hill. It includes 37 houses and 13 units, with annual management income of $111,193.93 and additional fee income of $41,637.94. Average weekly rent is $610 and the average management fee is 7.03%.
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. 50
Property mix
50 residential
Average weekly rent
$610
Location
Adelaide – South, SA
Suburbs mentioned
Christie’s Beach, Glenelg, Blackwood, Flagstaff Hill, Hawthorndene
Income
Annual management income
$111,194
Other fee income
$41,638
Total income
$152,832
AAMI (per property)
$2,224
Average management fee
7.03%
Price
Price type
Fixed price
Price
$500,373
Multiple
4.5×
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
1738248
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 1738248). Last checked today. Always confirm details with the broker.