$800,000
For Sale
Easily absorbed Adelaide Rent Roll
OVERVIEW:
Rent Roll of approximately 75 properties
RENT ROLL:
Approximately 75 Residential properties
Annual income from Management Fees and Rent Collection of $190,000.00
Extra income from fees & charges $80,000.00
Average Annual Management Income (AAMI) per Residential property is $2,500.00
TOTAL ASKING PRICE FOR RENT ROLL: Approximately $800,000 or $4.50 per $1.00 income
BROKER’S NOTES:
This Greater Adelaide residential rent roll presents a seamless absorption opportunity with strong operational fundamentals and diversified revenue streams. Generating approximately $190,000 in annual management income plus approximately $80,000 in additional revenue from letting fees, lease renewals, and admin charges, this portfolio delivers a robust average weekly rent of approximately $670, with properties spread across Greater Adelaide.
Operationally sound with minimal risk exposure, the portfolio demonstrates a safe landlord-to-property ratio of only 1 landlord per 1.09 properties and impressive tenancy stability with low vacancy and minimal arrears. The rent roll is being offered because the owner is relocating interstate. This represents an ideal bolt-on acquisition for established Adelaide agencies seeking immediate scale or a turnkey entry for operators looking to establish market presence with a proven, cash-flowing asset.
