Scale in the Bay: 202-Tenancy Rent Roll

Bay of Plenty Residential Property Management Portfolio

An opportunity to acquire an established residential property management portfolio in the Bay of Plenty. The business is backed by a qualified team, well-reviewed offices and long-standing landlord and tenant relationships, giving a buyer a loyal owner base and reliable recurring income from day one.

Portfolio highlights include:

• 202 managed residential tenancies across 174 owners
• Average weekly rent of $583.94
• A strong average management fee of 8.58%
• Projected annual management fee income of $526,271
• Arrears at 4.41% and vacancy at 3.52%
• Management fee income of $505,503 over the 12 months to September 2026, per vendor records
• Low owner-to-property ratio of 1:1.16, with no landlords who are friends or family of the vendor
• All property managers Level 4 qualified or in training
• Additional revenue from letting, inspection, maintenance and admin fees
• Established systems including Property Tree, Inspection Manager, Tapi and Tenancy

This portfolio suits an established property management company looking to grow through acquisition, or an experienced industry professional ready to step into a business with scale, strong recurring income and a settled team.

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 brokers listed below.

Mike Munro, 022 123 4144, mike.munro@linkbusiness.co.nz
Sophie Decia, 022 681 9910, sophie.decia@linkbusiness.co.nz

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