Scalable Property Management in High-Demand Market

Looking for a profitable property management business with strong foundations and room for growth?

This well-established operation in a high-demand rental market delivers consistent revenue, excellent client relationships, and scalable potential.

With 99 managed tenancies generating an average weekly rent of $584 and an impressive 7.59% management fee (GST exclusive), this business provides a stable and predictable income stream for a new owner. The per-month payment model ensures recurring revenue, while a strong landlord base of 75 property owners supports long-term retention.

This rent roll business benefits from a skilled team who run operations efficiently and smoothly, maintaining high-service levels.

Key business strengths:
• Established brand with a reputation for excellence
• Recurring revenue model with strong financials
• Efficient team structure for seamless operations
• High occupancy rates with minimal arrears (3.3%)
• Rental guarantee included – added security for landlords
• Scalable growth potential in Christchurch’s thriving rental market

This is an outstanding opportunity for an investor or owner-operator looking for a hands-on or semi-passive business with immediate income and long-term scalability. With its solid client base, streamlined processes, and strong market demand, this property management business is an investment not to be missed.

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@hamishturner.co.nz

Agency reference #: EL04813