This organically grown portfolio covers Perth's inner-city suburbs, with 227 residential managements and eight commercial properties comprising 10 tenancies. Annual management fees are stated separately at $513,344 for residential and $22,987 for commercial, with residential average weekly rent of $568. The owners are transitioning 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
227
Property mix
227 residential, 8 commercial
Average weekly rent
$568
Location
Perth – Inner, WA
Suburbs mentioned
Not disclosed
Income
Annual management income
$513,344
Other fee income
Not disclosed
Total income
Not disclosed
AAMI (per property)
$2,261
Average management fee
7.66%
Price
Price type
Fixed price
Price
$1,836,000
Multiple
3.5×
Hybrid Residential multiple
3×
All-Inclusive Residential multiple
2.5×
Commercial multiple
2.5×
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
24 Sept 2024
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.