Established Wellington Property Management Business

Established Wellington Property Management Business – Strong Reputation & Deep Local Expertise

An opportunity to acquire a highly regarded property management business with deep roots in the Wellington market and a reputation built on expertise, service, and long-term client relationships.

With a combined 50+ years of local property management and investment experience, the team understands every aspect of the property journey, from tenants and homeowners through to investors, developers, landlords, and property managers. Their people are well-known and highly respected within the industry, attracting landlords who value professional, high-quality property management services.

Property is both their business and their passion. They have lived and worked across all sides of the property sector, giving them a practical, real-world understanding that sets them apart in the market.

Key Highlights:

• Established property management business
• Combined 50+ years of Wellington property expertise
• 29 managed tenancies
• Average weekly rent of $742
• Average management fee income of 8.2%
• Projected annualised management fees of $90,633.82
• Strong reputation and trusted industry relationships
• Specialised, quality-focused property management approach
• Simple engagement model
• Strong platform for growth within the Wellington region

A quality acquisition for an existing property management operator seeking expansion, or an industry professional looking to step into a well-regarded business with strong foundations and future potential.

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. 

Mike Munro, 022 123 4144, [email protected]

Sophie Decia, 022 681 9910, [email protected]

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