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DealProspect/Listings/Property

Wellington Residential Rent Roll — 98 Properties

Property Management

ActivePropertyWellingtonB2B
Asking price
~$371,674
est. from comparable listings of this type and size · typically within ±50% · NZD
Revenue
$223,000
TTM
Earnings (est.)
~$121,090
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.1×
Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

  • Wellington-region residential rent roll of 98 professionally managed properties
  • Vacancy rate of 4.1% and low arrears of 2.04%
  • All properties five years old or newer
  • Grouped property locations reduce travel time
  • Run by a team of two experienced property managers; owner not involved day-to-day