(SOLD) Metro Adelaide – Established Adelaide Rent Roll

(SOLD) Metro Adelaide – Established Adelaide Rent Roll
Investment Opportunity – Established Adelaide Rent Roll  We are pleased to present an exceptional opportunity to acquire an established residential rent roll comprising 172 residential properties and 2 commercial properties currently under management.  After 15 years of successful operation, the vendor has made the strategic decision to exit the property management sector and is offering their complete portfolio for sale. This presents a rare opportunity for astute buyers to acquire a well-maintained rent roll at a competitive price point.  Strategic Location & Portfolio Diversity  Operating from Adelaide’s Northwest, this portfolio benefits from geographic diversification, with properties spanning metropolitan Adelaide’s northern, southern, eastern, and western suburbs. This spread provides both stability and growth potential within Adelaide’s resilient rental market. A comprehensive suburb breakdown is available in the Suburbs Overview section.  Seamless Transition & Immediate Returns  The vendor is committed to facilitating a smooth handover and is available to provide post-settlement support to ensure business continuity and client retention.   This turnkey operation offers immediate cash flow and represents an ideal acquisition for established agencies seeking to expand their footprint in Adelaide’s stable rental market. 

Overview

Number of Residential Management
172
Number of Commercial Management
2
Annual Management Fees
$411,790
Historic 12 Month Gross Income
$681,807
Average Rent
$582 pw
Average Management Fee
$2,366
Average Management %
7.90%
Reference ID
RRB2517
Expression of Interest
EOI AUD (Sold)
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Location

5000,South Australia