South West, WA
Rent Roll and/or Real Estate Business
(REF: 1414)
This specialist residential property management business has gone from strength to strength, built 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 rent roll and/or business to expand their footprint into the South West region of Western Australia.
In short: Opportunities of this size and calibre are in short supply. Tender closing at 5pm on the 15th of April 2024
Portfolio highlights
Net Residential Managements.
| Annual Management Fees | $1,116,442 |
| Number of Managements | 550 |
| Average Annual Management Income per Property | $2,030 |
| Average Weekly Rental Value | $483 |
| Average Management Fee | 8.10% |
Hybrid Residential Managements.
| Total Annual Management Fees | $44,402 |
| Number of Managements | 24 |
| Average Annual Management Income per Property | $1,850 |
| Average Weekly Rental Value | $433 |
| Average Management Fee | 8.23% |
All-Inclusive Residential Managements.
| Total Annual Management Fees | $1,182 |
| Number of Managements | 1 |
| Average Annual Management Income per Property | $1,182 |
| Average Weekly Rental Value | $600 |
| Average Management Fee | 3.79% |
| Price | $3,630,000 |
| Net Multiplier | $3.15 |
| Hybrid Multiplier | $2.50 |
| All-Inclusive Multiplier | $2.00 |
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.