Property Management Business for Sale Lambton and Thorndon

Want to purchase a resilient business that has a steady income?

Why buy this Property Management Business

Property Management Business for Sale Lambton and Thorndon

Business Overview

This rent roll comprises of two well-established franchises specializing in residential rental property management. Our flagship location in Thorndon has been under our ownership since 2012, and we expanded our presence with the acquisition of Te Aro in 2019. Both franchises are currently operated from a shared office space, providing a cohesive and efficient working environment.

In addition to our local success, we benefit from outstanding support provided by our Group (Head Office). This support structure ensures that our operations run smoothly and allows us to focus on delivering exceptional service to our clients.

Rent Roll Information:

- Managed properties -203

- Number of Owners - 167

- Average Weekly Rent - $673.91

- Average Management Fee - 8.07%

- Arrears 6+days - 3.00%

- Vacancy 4.00%

Business Resources

Why purchase a Property Management business?

Resilient business.

Steady Income

Lifestyle

Flexibility

Please e-mail Murray Dawson at murray@hamishturner.co.nz for more details. Subject to signing a confidentiality agreement, you will be provided a detailed information memorandum.