Sold

North-Eastern Suburbs, WA


(REF # 1212)

Pendium Advisory have the pleasure of offering, this tight-knit and high yielding residential and commercial rent roll for sale by way of an asset sale of the rent roll.

Servicing the north-eastern suburbs of Perth, the business is highly regarded and well-known.

The directors have built the portfolio organically and are now wishing to transition out of property management to focus on sales only.

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.

Annual Management Fees $208,296
Active Managements 111
AAMI per Property $1,877
Average Rental Value $426 per week
Average Management Fee 8.41%

Commercial Managements.

Annual Management Fees $4,440
Active Managements 2
AAMI per Property $2,220
Average Rental Value $2,016 per month
Average Management Fee 9.09%
Price $698,000
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.