www.nzbizbuysell.co.nz/107557
Ad ID: 107557

Property Management (Under Contract) Business for Sale Wellington Area

Resilient Business With Steady Income! (Under Contract!)

Location:

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.

For more info
Contact: Hamish Turner

Hamish Turner

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

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