nzbizbuysell.co.nz/100623
Ad ID: 100623

Property Management Business for Sale Manukau City

Property Management Business

Location:

Business for Sale Description

Property Management Business for Sale Manukau City

Opportunity to own a property management business. 

Company key features:

• Auckland location of rent roll is economically strong

• Rent roll is small and ideal for a start up Property Manager or

addition to an existing roll

• Vacancy on the rent roll is very good

• Spread of property owners is good limiting drop of property risk

• Owner relationships are long term

• Tenancies are long term

Rent Roll Information: 

- Managed properties - 45

- Number of owners - 37

- Average Residential Weekly Rent - $612.74

- Average Management Fee - 6.7% 

- Arrears 6 days or more - 4.26%

- Vacancy - 2%

- Average Yearly Total Property Management Fee Revenue of Rent Roll: $311,493.72   

- Average Yearly Total Property Management Fee Revenue per Property: $1,162.29

Please e-mail Hamish at hamish@rentrollbroker.co.nz for more details. Subject to signing a confidentiality agreement, you will be provided a detailed business pre - sale report and information memorandum.

Interested In This Opportunity?

Email to a friend / myself

 

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Hamish Turner Ltd
For more info
Contact: Hamish Turner

Hamish Turner

027 569 9991
Hamish Turner Ltd
Licensed REAA 2008
Broker Ref: Auckland Manukau

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