Link Business
*** SOLD ***

Innovative Property Rental Management with High Returns

Listing: #EL04432

Tony Andrew

Broker | Auckland - Ellerslie

Tony Andrew

tony.andrew@linkbusiness.co.nz

+64 9 579 9226

+64 21 938 560

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Auckland Surrounds

Innovative Property Rental Management with High Returns

Step 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

Auckland - Ellerslie
tony.andrew@linkbusiness.co.nz
+64 9 579 9226
+64 21 938 560

Tony Andrew

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.