Commercial Property Management Business, Waitakere
Property Management
ActivePropertyAucklandB2B
Asking price
~$208,338
est. from comparable listings of this type and size · typically within ±50% · NZD
Revenue
$125,000
TTM
Earnings (est.)
~$66,003
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.2×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- Respected, family-founded commercial property management business in West Auckland, operating since 2004 (B2B).
- Manages 25 commercial and mixed-use properties across 37 tenancies, delivering a robust annual rent roll of approximately $1.8m.
- A diversified base of 24 landlords (predominantly single-asset owners) with a dependable 7% recurring management fee; annualised management income of $125,000.
- A lean, low-overhead structure with committed vendor support — an attractive bolt-on acquisition; for sale by negotiation.
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