Eastern Spread High Income

About this rent roll

47 managed properties across 23 suburbs and 11 council areas $86,320 annual management income 4.79% average management fee ex GST $738 average weekly rent Approx. $1,837 AAMI Strong fee consistency, with most properties sitting around 4.5%–5.0% Good ancillary income opportunity, including an average 2-week letting fee and advertising income Geographic concentration: 25 properties in Whitehorse LGA and 14 in Box Hill, providing a strong local cluster but some concentration risk. A solid, clean small rent roll with good fee integrity and a strong Whitehorse/Box Hill base. The main selling point is the quality and consistency of the income rather than sheer scale. The key buyer opportunity is to bolt this into an existing eastern-suburbs operation, where the buyer can leverage existing staff and infrastructure. The biggest diligence points will be Whitehorse/Box Hill concentration and landlord retention.