Western Suburbs, WA
Rent Roll and/or Real Estate Business
A rare chance to acquire genuine critical mass in one of Perth’s most tightly held, high-value catchments: a profitable, full-service property management and sales business of 326 managements generating $922,404 in annual management fees, plus ancillary and sales revenue.
It’s available as a rent roll asset sale or as a complete walk-in walk-out business.
Predominantly residential with a small commercial component, the portfolio spans the blue-ribbon suburbs of Perth’s western suburbs. Strong management fees, high weekly rents, low ownership density and healthy ancillary income make for a high-yielding rent roll — equally suited to an established agency extending its footprint or a buyer seeking a stand-alone, masthead location.
In Short: Tender closed. Currently negotiating.
(REF #1628)
Portfolio highlights
Managements.
| Total Annual Management Fees | $922,404 |
| Number of Managements | 326 |
| Average Weekly Rent | $730 |
| Average Management Fee | 7.50% |
| Average Annual Management Income per Property | $2,829 |
Asking Price.
| Expressions of interest |
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.
