An organically grown rent roll covering Perth's inner southern and inner northern suburbs, comprising 93 managements. Annual management fees are $192,729, with average annual management income of $2,072 per property and an average management fee of 8.38%.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
93
Property mix
Not disclosed
Average weekly rent
$479
Location
Perth – Inner, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$192,729
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,072
Average management fee
8.38%
Price
Price type
Fixed price
Price
$563,544
Multiple
2.92× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Current owner seeks employment with the eventual buyers.
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owner wishes to move from business ownership into employment with the buyers.
Listed
Not disclosed
Tender closes
24 May 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.