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Refer to Broker
$110,564
Business Broker
Hamish Turner & Associates
Looking for a boutique property management business with loyal clients, consistent income, and a trusted local reputation?
This well-established Queenstown-based operation offers a rare opportunity to acquire a portfolio of 39 quality-managed properties, built entirely through referrals and long-term relationships. With an average weekly rent of $858.57, a loyal base of 23 property owners, and a management fee of 6.35% (GST exclusive) — generating an annualised management fee income of approximately $110,564 — the business provides a reliable, recurring income stream.
Renowned for its hands-on, responsive approach, this business delivers a high standard of service to both landlords and tenants – supported by zero arrears (6+ days) and a 0% vacancy rate.
Key Business Strengths:
This is a prime opportunity for an owner-operator or investor looking for a streamlined business with stable income and further growth potential in a vibrant regional rental market.
How are Rent Rolls Valued?
Rent rolls and property management businesses are typically valued based on projected annualised management fee income, rather than EBITDA. This approach highlights the strong potential for capital growth, making these businesses particularly attractive to Purchasers. For further details on rent roll valuations, please contact the broker listed below.
Hamish Turner, 027 5699 991, [email protected]
Mike Munro, 022 123 4144, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #buyajob #rentroll #queenstown
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
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Business Broker
Hamish Turner & Associates
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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