Property Management Business for Sale Auckland

Description

This opportunity provides entry into the residential room-rental accommodation sector, offering a profitable business model with consistent income and clear growth potential.Business Highlights* Well-selected portfolio of properties located in high-demand areas, supporting strong occupancy rates* Owner operates in an oversight capacity, focusing on financial management, sales performance, and tenant pipeline* Operates in accordance with the Residential Tenancies Act 1986* Tenant base primarily consisting of professionals and tradespeople* Strong return on investment supported by low operating costs and high revenue* Established reputation for delivering consistent profitability within a high-demand market* Turnkey operation with well-developed systems requiring minimal day-to-day owner involvement* Growth potential through acquisition of additional properties to increase revenueAt full occupancy, annual revenue exceeds $2,245,000EBPITDA exceeds $610,000 after expenses of approximately $210,000The purchaser will be required to assume a proportionate share of refundable bonds held by Tenancy New Zealand, totaling approximately $106,680The vendor may consider retaining a shareholding and continuing involvement in business development to support future growthThis represents a scalable and well-structured opportunity within the residential rental sector, offering strong returns and expansion potential.