The organically grown residential portfolio is concentrated in the City of Rockingham and comprises 165 net, 3 all-inclusive and 6 hybrid managements. The net segment generates $321,306 in annual management fees, with an average weekly rent of $450 and an average management fee of 8.32%; the structured portfolio metrics below refer to this segment. The owners are transitioning 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
165
Property mix
165 residential
Average weekly rent
$450
Location
Perth – South West, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$321,306
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,947
Average management fee
8.32%
Price
Price type
Fixed price
Price
$1,004,061
Multiple
3.12× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners transitioning from residential property management 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.