This residential rent roll is concentrated in Perth’s inner southern suburbs and was organically built by its current owners. It comprises 80 net-fee managements generating $213,039 in annual management fees, plus three all-inclusive managements generating $8,992 annually. The net-fee portfolio has an average weekly rent of $730 and an average management fee of 6.98%.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
80
Property mix
80 residential
Average weekly rent
$730
Location
Perth – South East, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$213,039
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,663
Average management fee
6.98%
Price
Price type
Fixed price
Price
$822,000
Multiple
3.75×
All-Inclusive multiple
2.6×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners are leaving residential property management to focus on other commercial interests.
Listed
Not disclosed
Tender closes
10 Apr 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.