This organically grown residential rent roll comprises 190 managements concentrated in Perth's northern suburbs. Annual management fees are $371,270, with average annual management income of $1,954 per property and an average management fee of 8.04%. The owners are moving 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
190
Property mix
Not disclosed
Average weekly rent
$467
Location
Perth – North West, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$371,270
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$1,954
Average management fee
8.04%
Price
Price type
Fixed price
Price
$1,262,319
Multiple
3.4×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners transitioning towards retirement.
Listed
Not disclosed
Tender closes
20 July 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.