Property Management (Under Contract) Business for Sale Wellington Area

Resilient Business With Steady Income! (Under Contract!)

Why buy this Property Management (Under Contract) Business

Property Management (Under Contract) Business for Sale Wellington Area

Want to purchase a resilient business that has steady income and is part of a growth industry?

Company key features:

- High healthy home compliance rate

- Low rent arrears

- Low vacancy

Rent Roll Information:

- Managed properties - 81

- Number of owners - 55

- Average Residential Weekly Rent - $526.54

- Average Management Fee - 7.48%

- Arrears 6 days or more – 0%

- Vacancy - 0%

- Annual Fee Income - Approximately $185,000

Why purchase a Property Management business?

Resilient business. The global pandemic has had a devastating effect on some businesses throughout NZ, however the property management industry has fared well.

A property management business has reoccurring income meaning it is generally consistent making it easier to create budgets for.

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.