sold

Southern & Northern Suburbs, WA


(REF # 1220)

Pendium Advisory have the pleasure of offering this large and high yielding residential rent roll to the market for sale by way of an asset sale of the rent roll.

Largely servicing the southern suburbs of Perth, the business has developed a strong following of loyal clients.

The directors have built the portfolio organically since commencing in 2011 and are now wishing to transition towards retirement hence this rare opportunity is being offered for sale.

We are seeking Expressions of Interest from purchasers who are interested to purchase a brilliant rent roll to bolt on to their existing operation.

Portfolio highlights


Net Residential Managements.

Active Managements 405
Avg Weekly Rent $434
Avg Management Fee 7.60%
Annual Management Fees $694,452
AAMI Per Property $1,715

Hybrid Residential Managements.

Active Managements 8
Avg Weekly Rent $446
Avg Management Fee 9.69%
Annual Management Fees $17,966
AAMI Per Property $2,246

All-Inclusive Residential Managements.

Active Managements 5
Avg Weekly Rent $547
Avg Management Fee 10.00%
Annual Management Fees $14,222
AAMI Per Property $2,844
Price $2,298,076
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.