An organically grown residential rent roll in WA's western suburbs comprises 31 active managements in a tightly concentrated portfolio. Annual management fees are $108,831, with average annual management income of $3,511 per property and average weekly rent of $899. The owners are moving away from property management to focus on sales.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
31
Property mix
31 residential
Average weekly rent
$899
Location
Perth – Inner, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$108,831
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$3,511
Average management fee
7.5%
Price
Price type
Fixed price
Price
$402,675
Multiple
3.7× (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 to focus on sales only.
Listed
Not disclosed
Tender closes
18 Oct 2022
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.