This portfolio comprises 516 managements concentrated in Perth's inner metropolitan suburbs. It generates annual management fees of $1,004,637, with average annual management income of $1,947 per property and an average management fee of 8.02%. The owners are transitioning out of property management 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
516
Property mix
Not disclosed
Average weekly rent
$465
Location
Perth – Inner, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$1,004,637
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,947
Average management fee
8.02%
Price
Price type
Fixed price
Price
$3,299,000
Multiple
3.3×
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 transitioning from property management towards retirement.
Listed
Not disclosed
Tender closes
6 Sept 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.