Rent Roll with 203 Properties!

Step into a solid, well-established investment in the property management sector!

This rent roll business comprises two successful residential rental property management franchises. The flagship location in Thorndon has been a consistent performer since 2012, with both franchises operating from a shared office space to ensure efficiency and cohesion.

Backed by the Group Head Office, these franchises benefit from comprehensive support, allowing the focus to remain on delivering outstanding service to clients while enjoying streamlined operations.

Key Business Highlights:

• 167 property owners
• 4.00% vacancy rate
• 3.00% arrears (6+ days)
• 203 managed properties
• Average weekly rent: $673.91
• Average management fee: 8.07%

Why invest in property management? This business offers a resilient income stream, unmatched flexibility, and a lifestyle that fits your pace. The consistency of the rental market makes this venture a stable and rewarding choice!

Take control of your future and invest in a business built on strong foundations and reliable income. This is your chance to secure a property management franchise with a track record of success.

Don't miss out – enquire now!

How are Rent Rolls Valued?

Rent rolls and property management businesses are typically valued based on projected annualized 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.

Murray Dawson, 021 468 111, murray.dawson@linkbusiness.co.nz

***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. 
 
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