$1,738,796
For Sale
Quality Adelaide Rent Roll with HUGE Other Income
RENT ROLL:
Approximately 208 Residential properties
Approximately 6 Commercial properties
Annual income from Management Fees and Rent Collection of $395,180.97
Extra income from fees & charges $180,820.21
Average Annual Management Income (AAMI) per Residential property is $1,854.45
Average Annual Management Income (AAMI) per Commercial property is $1,576.01
TOTAL ASKING PRICE FOR RENT ROLL: $1,738,796.29
BROKER’S NOTES:
This tightly held, well balanced portfolio of 200+ properties presents as a highly desirable acquisition due to its strong income profile and concentration in consistently high demand Adelaide suburbs. The rent roll is overwhelmingly (97%) residential, delivering stable performance with strong average rents and healthy management fees. The geographic footprint is concentrated in the sought after middle ring and inner north locations, driving tenancy stability and long term income security.
The residential component underpins the majority of value, generating almost $390,000 in annual management income, with houses performing particularly well across key suburbs such as Campbelltown, Modbury, Lightsview and Holden Hill. The commercial element, though small, offers sound diversity with six well managed tenancies contributing steady supplementary income.
Importantly, this business also produces approximately $180,000 in annual income from other sources, including letting fees, administration fees and ancillary charges. This significant additional revenue is well above industry benchmarks and substantially elevates the profitability and attractiveness of the portfolio, supporting the application of a premium multiplier.
The portfolio’s tight geography, strong rental demand and above average income performance provide an exceptional foundation for an incoming operator
