This organically grown portfolio in south west Sydney comprises 31 commercial properties with 48 tenancies, plus 13 residential managements. Stated annual management fees are $143,726 for the commercial component and $20,837 for the residential component. The owners are leaving property management to focus on other commercial interests.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Commercial
Properties
31
Property mix
13 residential, 31 commercial
Average weekly rent
$866
Location
Sydney – South West, NSW
Suburbs mentioned
Not disclosed
Income
Annual management income
$143,726
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$11,800
Average management fee
3.85%
Price
Price type
Fixed price
Price
$527,000
Multiple
3.2×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners are transitioning out of property management to focus on other commercial interests.
Listed
Not disclosed
Tender closes
20 Nov 2024
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.