Listing #:5826075778

Property Management Portfolio (Northland)

Location: Auckland City, Auckland
An opportunity to acquire a well-established residential property management portfolio located in Northland, offering stable recurring income and a low-risk transition.

The business benefits from long-standing landlord relationships, a strong service reputation, and efficient, technology-driven systems that support a lean operating model with low overheads.

Key Financials

- 35 properties under management

- Average weekly rent: $658.00

- Average management fee: 8.11%

- Annual management fee income: approx. $97,751(plus, additional ancillary income)

Portfolio Highlights

- Predictable recurring revenue from management fees and supplementary services

- Modern, cloud-based systems with documented processes

- Strong market reputation supported by positive online reviews

- Competitive fee structure attractive to both landlords and investors

- Comprehensive handover to support continuity post-sale

Ideal Buyer

- Existing property management firms seeking regional expansion

- Real estate agencies looking to add a recurring-income division

- Owner-operators wanting a well-structured, service-based business

*Sign-written vehicle not included in the sale but available separately.

For further information, contact Lindsey Holcombe on 021 083 73987 or visit our website to complete a confidentiality agreement.

Agency reference #: 288
Asking price: $220,000
Listed: Wed 11 Mar, 1:40 pm
Lindsey Holcombe
NZ Business Brokers
  • Contact details
  •  (021) 08373987

Advertisement

Agent's details

Lindsey Holcombe
  •  (021) 08373987
NZ Business Brokers

Email the agent

Log in or register to email the agent.
Expires: Thu 28 May, 7:34 am
Page Views
0377