Ready to Roll 24 Managements in Canterbury

Canterbury Residential Property Management Portfolio

A compact, well-held residential rent roll in Canterbury. Almost every owner has a single property, and none are friends or family of the vendor, giving a buyer a spread owner base and recurring management income from day one.

Portfolio highlights include:

• 24 managed residential tenancies across 23 owners
• Average weekly rent of $501.04. 
• Owner-to-property ratio of 1:1.04, with no owner holding more than two properties
• Average management fee of 8.52%
• Projected annual management fee income of $53,275, per vendor records
• Arrears and vacancy both at 0%, as reported by the vendor
• All properties reported by the vendor as Healthy Homes compliant
• A geographically concentrated portfolio, keeping inspections and travel time efficient
• Additional revenue from letting, inspection, lease renewal and admin fees

This portfolio suits a Canterbury property management business looking to add tenancies, or an operator wanting a manageable first step into rent roll ownership.

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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