This portfolio comprises 397 residential properties in Adelaide’s southern suburbs, with annual management fee income of $806,081 and historic 12-month gross income of $1,059,357. The stated average weekly rent is $503, with an average management fee of 7.75% and annual management income per property of $2,034.
Written by us from the broker's listing. Read the full listing on Rent Roll Sales Agency's site.
Key facts
Portfolio
Property type
Residential
Properties
397
Property mix
397 residential
Average weekly rent
$503
Location
Adelaide – South, SA
Suburbs mentioned
Not disclosed
Income
Annual management income
$806,081
Other fee income
Not disclosed
Total income
$1,059,357
AAMI (per property)
$2,034
Average management fee
7.75%
Price
Price type
Expressions of interest
Price
$3,300,000
Multiple
4.09× (calculated: price ÷ management income)
GST basis
Not stated
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
7 Feb 2026
Tender closes
20 June 2025
Sold
Already sold when we first saw it
Broker reference
Not disclosed
Price and status history
First seen as sold22 Oct 2026
Also listed on
This rent roll looks like the same portfolio listed by another broker (matching state, size and income).