Link Business
*** SOLD ***

Rent Roll Business with 28 Properties!

Listing: #EL04681

Hamish Turner

Broker | Hamish Turner & Associates

Hamish Turner

hamish@hamishturner.co.nz

+64 9 579 9226

+64 275 699 991

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Wellington Central

Rent Roll Business with 28 Properties!

Seize a unique opportunity in boutique property management!

This rent roll has cultivated a loyal client base, many of whom have transitioned from other companies, attracted by the company’s personalised approach and meticulous attention to detail. 

This is an exceptional opportunity to step into a well-respected business with strong foundations, a skilled manager who handles operations, and ample room for growth in an evolving market.

Key Features:

  • Virtual tours for all properties, catering to prospective tenants both locally and remotely
  • Comprehensive entry reports, with each property documented through 600-800 photos
  • A dedicated service approach tailored to meet owners’ individual needs
  • A reputation for being approachable, honest, and highly reliable

 

Managing 28 tenancies across 21 clients with an average weekly residential rent of $707.84, this business shows consistent demand and profitability. Seasonal rent adjustments during the winter months have created a future growth opportunity as market demand returns.

The virtual tour camera and iPad used are available as part of the sale, streamlining the transition for a new owner.

Don't miss out - enquire now!

 

How are Rent Rolls Valued? 

Rent rolls and property management businesses are typically valued based on projected annualised management fee income, rather than EBITDA. This approach highlights the strong potential for capital growth, making these businesses particularly attractive to Purchasers. For further details on rent roll valuations, please contact the broker listed below. 

 

Hamish Turner, 027 5699 991, hamish.turner@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 #propertymanagement #hamishturner #rentrollforsale #wellington

Hamish Turner & Associates
hamish@hamishturner.co.nz
+64 9 579 9226
+64 275 699 991

Hamish Turner

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.