City of Rockingham, WA
Residential Rent Roll
This rent roll has been nurtured by the current owners, who have built a strong reputation for quality management and client relationships. As they transition from residential property management to focus on other ventures, this presents an excellent opportunity for the right buyer.
We are seeking expressions of interest from businesses looking to acquire a high-yielding, well-managed, and tightly concentrated portfolio. This acquisition offers an immediate foothold or expansion opportunity into Perth’s southern coastal suburbs, providing strong recurring revenue and a seamless transition for the incoming owner.
In short: Tender closing at 5pm on the 12th of March 2025.
(REF 1486)
Portfolio highlights
| Total Annual Management Fees | $229,979 |
| Number of Residential Managements | 86 |
| Average Weekly Rental | $626 |
| Average Management Fee | 8.22% |
| Average Annual Management Income per Property | $2,674 |
| Price | $749,000 |
| Net Multiplier | $3.30 |
| Hybrid & All-Inclusive Multiplier | $2.50 |
Listing Enquiry
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Disclaimer: All prices are net of GST unless otherwise specified. This information is provided for general purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.