This Mandurah portfolio comprises 397 residential managements, four commercial properties with 10 tenancies, and seven strata companies covering 79 lots. The residential component generates $936,014 in annual management fees, with an average weekly rent of $514 and an average management fee of 8.81%. The owners are moving away from 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
397
Property mix
397 residential, 4 commercial, 79 strata
Average weekly rent
$514
Location
Mandurah, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$936,014
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,358
Average management fee
8.81%
Price
Price type
Fixed price
Price
$2,925,000
Multiple
3.2×
Hybrid Residential multiple
2.75×
Commercial multiple
2.5×
Strata multiple
2.1×
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Owners transitioning away from property management towards retirement.
Listed
Not disclosed
Tender closes
26 Mar 2025
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.