Innovative Property Rental Management with High Returns
Listing: #EL04432Tony Andrew
Broker | Auckland - Ellerslie

About this Business for sale in Auckland Surrounds
Innovative Property Rental Management with High ReturnsStep into the lucrative world of rental accommodation. This is an opportunity to own a profitable rental accommodation business that delivers consistent income and potential for growth.
Business Highlights
- Well Selected Properties: The portfolio includes a range of strategically located properties in high-demand areas, supporting high occupancy.
- Jurisdiction: operates in accordance with the Residential Tenancies Act 1986.
- Quality tenants: targeted to professionals and trades.
- Impressive ROI: Low operating costs, high revenue.
- Stellar Reputation: The vendor has built a solid reputation for providing quality accommodation, with a consistent base of quality tenants.
- Turnkey Operation: The business has well established operational processes, can be operated from a home office and is an immediate cash generator.
- Growth Potential: There is significant opportunity to grow the business by adding more properties to increase revenue.
At 100% occupancy, revenue exceeds $2,000,000.
Profit exceeds $512,450 after expenses and a management fee of $60,000.
The Purchaser will be required to assume funding refundable bonds (held by Tenancy New Zealand) at approximately $155,000.
The vendor wishes to retain a 20% shareholding.
Don't miss out on this golden opportunity to establish your business role in the rental property sector. Take a leap towards financial independence and make your entrepreneurial dreams a reality.
Tony Andrew, 021 938 560 , tony.andrew@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #service #management #auckland
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.