A concentrated residential rent roll in Perth’s inner southern suburbs comprising 150 managements. Annual management fees are $395,805, with an average weekly rent of $644 and an average management fee of 7.94%. The owners are leaving property management to focus on sales as they transition towards retirement.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
150
Property mix
150 residential
Average weekly rent
$644
Location
Perth – South East, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$395,805
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,639
Average management fee
7.94%
Price
Price type
Fixed price
Price
$1,493,000
Multiple
3.8×
All-Inclusive multiple
3×
Hybrid multiple
2.8×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
The directors wish to focus on sales only while gradually transitioning towards retirement.
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
Not disclosed
Price and status history
First seen as sold15 Oct 2026
Information summarised from Pendium Advisory's listing. Last checked today. Always confirm details with the broker.