Step into the lucrative world of residential room-rental accommodation.This is an opportunity to own a profitable rental accommodation business that delivers consistent income andpotential for growth.
Business Highlights
- Well Selected Properties: Theportfolio includes a range of strategically located properties in high-demand areas, supporting high occupancy.
- Owner maintains an overview role: monitoring financial management, sales staff motivation and new tenantspipeline.
- 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 Business Model Reputation:The vendorhas built a solid reputation for delivery of profit from a high-demand commodity.
- Turnkey Operation: The business has well established operational processes with minimal operational input required by the owner.
- Growth Potential: There is significant opportunity to grow the business by adding more properties toincrease revenue.
At 100% occupancy, revenue exceeds $2.245 million..
EBPITDA profit exceeds$610,000 afterexpenses totalingapproximately $210,000.
The Purchaser will be required to assume proportionate funding of refundable bonds (held by Tenancy New Zealand) at a total of approximately $106,680
The vendor may consider retainingashare of the business,maintaining business development input to support continued growth.
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
Ron Vazirani, 021 294 2978,ron.vazirani@linkbusiness.co.nz
*Please refer to the LINK website for full disclaimers.
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Timestamp: 20260211111502
