nzbizbuysell.co.nz/103478
Ad ID: 103478

House Rental Business for Sale Auckland

Rent Roll Rent Roll Rent Roll. Profit of $352,000!

Location:
Asking:
Price Refer to Broker

Business for Sale Description

House Rental Business for Sale Auckland

There is a rental housing shortage in Auckland and this business helps to address this problem

This is a house rental business with a difference. The vendor is the tenant of many houses around Auckland which they intern rent on a short-term basis to people requiring short-term rental accommodation.

These people may be waiting for a house to be built or perhaps it is a business transferring staff on short-term assignments for only a few weeks or months.

• If required these properties can be rented fully furnished.

• The 18 current properties are spread around Auckland from Mt Roskill, Blockhouse Bay, TeAtatu, Remuera, Epsom

• Currently run with the owner plus 1 part-time admin person and 2 part-time contractors, however, a manager is available for $70,000 per year.

Sales approx $1.4M for a net return to the owner over $352,000

This is a proven sustainable easily run business.

Vendor is looking for "Expressions of Interest"

Whats it worth to you?

To find out more, go to linkbusiness.co.nz/EL03241 and press the “Enquire Now” button to complete an online confidentiality agreement.

Robin Harris, 021 968 779 or 555 6041, robin.harris@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.

#buybusiness #rentalproperties #propertymanagament #services #rentalshortage #furnishedrentals #auckland


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For more info
Contact: Robin Harris

Robin Harris

09 555 6044 or 021 968 779
Anytime
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL03241

Interested In This Opportunity?

Email to a friend / myself

 

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