Tidy Rent Roll, Strong Investor Base

Ready to enter the Wellington market with a polished, low-maintenance rent roll?

This high-quality portfolio of 98 professionally managed properties offers a rare chance to take on a tidy, consistent revenue stream in the greater Wellington region. Established as part of a larger investment-focused network, this business caters to experienced landlords who prioritise professional service, contributing to exceptional client retention.

Key Highlights:

• 98 properties generating $223K+ in annualised fees
• Modern portfolio: all properties 5 years old or newer
• Grouped property locations reduce travel time
• Skilled team of two experienced property managers
• Vacancy rate of just 4.1% with low arrears (2.04%)

This is a strong hands-off investment opportunity with capable staff in place and systems well-established. The current owner is not actively involved in the day-to-day management, allowing a new owner to continue as a passive investor or gradually step in as desired.

With scale, stability, and professional tenants across prime suburbs, this is an exceptional foothold in Wellington's property management sector you don’t want to miss.

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. 

Mike Munro, +64 22 123 4144, mike@hamishturner.co.nz
Hamish Turner, +64 275 699 991, hamish@hamishturner.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 #buyajob #rentroll #wellington