Ad ID: 72325

Residential Property Management Business for Sale Christchurch

Successful Residential Property Management Business with Options

Location:
Asking:
$650,000

Business for Sale Description

Residential Property Management Business for Sale Christchurch

On offer here is a successful business which operates in Christchurch under a leading residential real estate franchise. It manages a mix of residential properties and multi-tenancy dwellings operated on a rent-by-room basis, all of which are operated under Residential Tenancies Act-compliant contracts. There is no major reliance on any single owner.

Management fees charged for the residential properties are standard, with a premium being achieved for the multi-tenancy dwelling properties. The business uses a well-established and respected software programme, which has the ability to provide excellent reporting.

There are two options for a Purchaser to consider with this business:

a. To purchase the entire business and operate it independently, or as an add-on to an existing business; or

b. To purchase 50% of the business and continue on the business as part of the current franchise

We see this as a well-established profitable business with real options for a Purchaser.

Residential property management businesses are very sought-after in Christchurch -

act now to avoid disappointment!


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Harcourts Grenadier RE Ltd.
For more info
Contact:

Athol McCully

Athol McCully
027 433 8052
Harcourts Grenadier RE
Licensed REAA 2008
Broker Ref: CIC47953

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