nzbizbuysell.co.nz/103779
Ad ID: 103779

Property Management Business for Sale Wellington

Property Management Business

Business for Sale Description

Property Management Business for Sale Wellington

Opportunity to own a property management business. 


Company key features:

- Long established local business with strong reputation and brand recognition

- Service focus which is resilient to negative external factors (e.g. COVID 19)

- Large and loyal customer base

- Preferred service provider of Government departments 

- Consistent monthly cashflow with no bad debts

- Well established business processes and computer systems



Rent Roll Information: 

- Managed properties - 396

- Number of owners - 321

Average Residential Weekly Rent - $672.94

- Average Management Fee - 7.05%

- Arrears 6 days or more - 2.72%

- Vacancy - 8.95%


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.

For more info
Contact: Hamish Turner

Hamish Turner

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

Interested In This Opportunity?

Email to a friend / myself

 

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