$500,373
For Sale
Easy Add - 50 Properties in Southern Suburbs
OVERVIEW:
Rent Roll of approximately 50 properties
RENT ROLL:
Approximately 50 Residential properties
Annual income from Management Fees and Rent Collection of $111,193.93
Extra income from fees & charges $41,637.94
Average Annual Management Income (AAMI) per Residential property is $2,223.88
TOTAL ASKING PRICE FOR RENT ROLL: $500,372.69 or $4.50 per $1.00 Income
BROKER’S NOTES:
A standout rent roll opportunity in Adelaide’s desirable southeastern suburbs. With just fifty easy-add properties under management, portfolios like this don’t come to market very often.
This premium rent roll delivers $111,193 in annual management income, backed up by nearly 40% Other Income of $41,637. The average weekly rent of $610 and solid average management fees of 7.03% form an attractive Average Annual Management Income (AAMI) of $2,224. This portfolio is the perfect strategic addition to accelerate your growth, or the ideal, low-risk launchpad for an existing sales office to launch a rent roll.
Enjoy a strong, low risk mix of 37 houses (74%) and 13 units (26%), located across some of Adelaide’s most popular southern suburbs including Christie’s Beach, Glenelg, Blackwood, Flagstaff Hill and Hawthorndene, ensuring consistently strong leasing performance and long-term portfolio resilience.
Rent rolls of this calibre are rare and they move fast. Don’t miss your chance to secure a high quality, high performing portfolio in one of Adelaide’s most attractive and competitive rental corridors.