This portfolio comprises 289 residential managements concentrated in Perth's northern suburbs, including 165 net, 90 hybrid and 34 all-inclusive managements. Annual management fees are $552,712, with average annual management income of $1,912 per property and average weekly rent of $452. The directors are selling to retire.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
289
Property mix
289 residential
Average weekly rent
$452
Location
Perth – North West, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$552,712
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,912
Average management fee
8.11%
Price
Price type
Fixed price
Price
$1,574,429
Multiple
2.85× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Directors retiring
Listed
Not disclosed
Tender closes
5 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.