Sold

Inner Northern Suburbs, WA


(REF #1224)

This rent roll has been organically grown by the current owners who are strategically transitioning from residential property management to focus on other commercial interests.

We are sourcing expressions of interest from businesses interested in acquiring a high yielding, tightly concentrated, and well-managed portfolio to extend their footprint into the inner northern suburbs of Perth.

Rent roll opportunities of this size and calibre are in short supply. With market rents on the rise, the opportunity to capitalise on the benefits of increased revenue and capital value lie within the lasting appeal of this asset.

Portfolio highlights


Residential Managements

Total Managements 57
Average Weekly Rent $488
Annual Management Fees $120,929
Net Ancillary Fee Collection 57.50%
AAMI Per Property $2,122
Average Management Fee 8.35%
Price $391,723
Sold

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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.