1 Residential Property Management, Christchurch Central, Canterbury

On offer here is a successful business which operates in Christchurch under a leading residential real estate franchise. It manages a mix of residential properties and multi-tenancy dwellings operated on a rent-by-room basis, all of which are operated under Residential Tenancies Act-compliant contracts. There is no major reliance on any single owner.

Management fees charged for the residential properties are standard, with a premium being achieved for the multi-tenancy dwelling properties.

The business uses a well-established and respected software programme, which has the ability to provide excellent reporting.

There are two options for a Purchaser to consider with this business:
a. To purchase the entire business and operate it independently, or as an add-on to an existing business; or
b. To purchase 50% of the business and continue on the business as part of the current franchise

We see this as a well-established profitable business with real options for a Purchaser. Residential property management businesses are very sought-after in Christchurch. Act now to avoid disappointment! Property ID: #CIC47953