This strata management portfolio covers approximately 56 schemes in the Ryde area and surrounding suburbs. It generates annual management fees of $203,525 and additional fee income of $92,052.63, with operations described as manageable by a principal supported by one staff member.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Strata
Properties
Approx. 56
Property mix
56 strata
Average weekly rent
Not disclosed
Location
Sydney – Ryde, NSW
Suburbs mentioned
Ryde
Income
Annual management income
$203,525
Other fee income
$92,053
Total income
$295,578
AAMI (per property)
$3,634
Average management fee
Not disclosed
Price
Price type
Fixed price
Price
$712,338
Multiple
3.5× (calculated: price ÷ management income)
GST basis
Not stated
Sale details
Status
Sold
Staff
Principal with one supporting staff member mentioned; transfer inclusion not specified.
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
608582
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 608582). Last checked today. Always confirm details with the broker.