This portfolio comprises 793 managements across Perth’s inner northern and northern suburbs, with annual management fees of $1,604,475. Average annual management income per property is $2,023, with an average management fee of 8.86%; acquisition options included a portfolio bolt-on or the existing business.
Written by us from the broker's listing. Read the full listing on Pendium Advisory's site.
Key facts
Portfolio
Property type
Residential
Properties
793
Property mix
Not disclosed
Average weekly rent
$437
Location
Perth – North West, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$1,604,475
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,023
Average management fee
8.86%
Price
Price type
Fixed price
Price
$4,960,000
Multiple
3.3×
Hybrid multiple
2.85×
All-Inclusive multiple
2.75×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Directors transitioning towards retirement
Listed
Not disclosed
Tender closes
9 Aug 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.