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Rent rolls are most commonly valued based on annualised management fees across a multiplier range. This range differs from region to region and again within a region when looking at city say compared to rural location.
The way rent rolls are valued are specific to our industry. There are other less used valuing methods, typically used when secondary revenue streams to management fees, sit higher than average.
Hamish has over 17 years of experience within the property management industry and has experience throughout New Zealand and Australia as a manager, principal and consultant. He utilised all of this experience to form a property management business that he expanded between 2009 and 2016 into 7 locations around New Zealand.
