Northern Coastal Suburbs, 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 out of the industry, 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 to bolt-on to their existing business. This acquisition offers an immediate foothold or expansion opportunity into Perth’s northern coastal suburbs, providing strong recurring revenue and a seamless transition for the incoming owner.
In Short: Currently negotiating.
(REF #1574)
Portfolio highlights
| Total Annual Management Fees | $221,241 |
| Number of Managements | 71 |
| Average Weekly Rent | $783 |
| Average Management Fee | 7.63% |
| Average Annual Management Income per Property | $3,116 |
| Price | $805,000 |
| Net Multiplier | $3.85 |
| Hybrid Multiplier | $3.00 |
| All-Inclusive Multiplier | $3.20 |
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.