Rent Roll For Sale – Auckland

Looking to get started in property management without the big price tag?

This privately listed portfolio is the perfect launchpad for an aspiring property manager or someone seeking a tidy bolt-on. Comprising 8 properties under management, it offers a balanced spread across West Auckland (5) and the North Shore (3).

Asking Price: $39,500
(based on a 2.1x multiple of annual management fees – zero-rated for GST-registered buyers)

Highlights:
$632/week average rent across the portfolio
7.2% average management fee (plus GST)
Low client concentration: 8 landlords across 9 properties – reduces risk
Ancillary income: For every $1 in management fees, an extra $0.24 has been earned from inspections, lease renewals, advertising, etc. over the past 12 months
$23,604 total income in the last 12 months ($19k of which was management fees)

Currently operated under a national franchise brand by an experienced, accredited RPMA property manager using Palace and Tapi. However, this portfolio is being sold as a standalone asset and can be managed by any operator, regardless of RPMA membership or franchise affiliation (if any). Clean records and solid handover provided.

What You’ll Receive If Interested:
Once you share your full name and contact details, we’ll send you:
1) A FAQs doc to save time on common questions
2) A fee projection report showing rent, fee %, and Street & suburb for each property
3) A summary of ancillary income from the past 12 months

For serious buyers, we’ll also provide a Sale & Purchase Agreement drafted by our solicitor.

Ready to learn more?
Send through your full name and contact details to get the full info pack.