This organically grown Mandurah residential portfolio comprises 25 net-fee managements and two all-inclusive managements. The net-fee group generates $53,253 in annual management fees, while the all-inclusive group generates $6,613. The owners are leaving property management to concentrate 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
25
Property mix
Not disclosed
Average weekly rent
$474
Location
Mandurah, WA
Suburbs mentioned
Mandurah
Income
Annual management income
$53,253
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,130
Average management fee
8.61%
Price
Price type
Fixed price
Price
$181,615
Multiple
3.41× (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 out of property management to focus on sales only.
Listed
Not disclosed
Tender closes
12 Apr 2023
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.