0800 REAL IQ

Central North Island rent roll available now!

Opportunities like this do not come by often for the purchase of a portfolio in this area and we believe will not last long in the market. 
Ideal rental portfolio for either addition to an existing portfolio or a start for anyone wishing to be involved in property management. 
The rent roll has been established for a number of years with a small but loyal client base. At the time of the appraisal, the main facts of the rent roll are as follows. 
• Projected annual management fee of approximately $107,000 
• 79 managements at a property to landlord ratio of 1.29 
• Portfolio located mainly around central Town area. 
• Average management fee of 7.33% 
• Arrears below industry standard 
More details will be made available on the signing of a Confidentiality Agreement. For expressions of interest, please contact Mike McGarry; mike@realiq.nz or call 021 982 549