Listing #:4686594085
Innovative Property Rental Management with High Returns
Location: | Auckland City, Auckland |
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Step into the lucrative world of rental accommodation. This is an opportunity to own a profitable rental accommodation business that delivers consistent income and potential for growth.
Business Highlights
• Well Selected Properties: The portfolio includes a range of strategically located properties in high-demand areas, supporting high occupancy.
• Jurisdiction: operates in accordance with the Residential Tenancies Act 1986.
• Quality tenants: targeted to professionals and trades.
• Impressive ROI: Low operating costs, high revenue.
• Stellar Reputation: The vendor has built a solid reputation for providing quality accommodation, with a consistent base of quality tenants.
• Turnkey Operation: The business has well established operational processes, can be operated from a home office and is an immediate cash generator.
• Growth Potential: There is significant opportunity to grow the business by adding more properties to increase revenue.
At 100% occupancy, revenue exceeds $2,000,000.
Profit exceeds $512,450 after expenses after a management fee of $60,000.
The Purchaser will be required to assume funding refundable bonds (held by Tenancy New Zealand) at approximately $155,000.
The vendor wishes to retain a 20% shareholding.
Don't miss out on this golden opportunity to establish your business role in the rental property sector. Take a leap towards financial independence and make your entrepreneurial dreams a reality.
Tony Andrew, 021 938 560 , tony.andrew@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #service #management #auckland
Agency reference #: EL04432
Business Highlights
• Well Selected Properties: The portfolio includes a range of strategically located properties in high-demand areas, supporting high occupancy.
• Jurisdiction: operates in accordance with the Residential Tenancies Act 1986.
• Quality tenants: targeted to professionals and trades.
• Impressive ROI: Low operating costs, high revenue.
• Stellar Reputation: The vendor has built a solid reputation for providing quality accommodation, with a consistent base of quality tenants.
• Turnkey Operation: The business has well established operational processes, can be operated from a home office and is an immediate cash generator.
• Growth Potential: There is significant opportunity to grow the business by adding more properties to increase revenue.
At 100% occupancy, revenue exceeds $2,000,000.
Profit exceeds $512,450 after expenses after a management fee of $60,000.
The Purchaser will be required to assume funding refundable bonds (held by Tenancy New Zealand) at approximately $155,000.
The vendor wishes to retain a 20% shareholding.
Don't miss out on this golden opportunity to establish your business role in the rental property sector. Take a leap towards financial independence and make your entrepreneurial dreams a reality.
Tony Andrew, 021 938 560 , tony.andrew@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #service #management #auckland
Agency reference #: EL04432
Business buyer’s checklist
Asking price: $1,356,125
Listed: Tue 30 Apr, 3:20 pm
Tony Andrew
Link Business Broking Ltd
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Contact details
- (09) 5556035
- (021) 938560
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Expires: Tue 23 Jul, 11:09 pm