Located approximately 90 minutes south of Auckland and 30 minutes west of Hamilton, sits the well known beachside suburb of Raglan.
Ray White has successfully operated in the Raglan market for the past 20 years and has dominated sales during that time and currently has a market share of 48.5%. Over this time Ray White has grown a property management business that currently includes home and holiday rental with 100 properties in total.
The Raglan market has a diversified property selection; from vacant sections to holiday batches, owner-occupied homes as well as commercial opportunities within the township.
This is the first time the Ray White Raglan business has been offered for sale. It has three salespeople together with a full time and a part-time property manager. The business maintains a high community profile, with the current owners being involved in many of the local events that occur throughout the region. The area has consistently shown a good level of sales. In total around $70 million per annum, with an average sale price of $700,000.
The business has an additional satellite location at Whatawhata to compliment the rural sales arm of the business. Both offices have full infrastructure supplied by Ray White; with a large database that is connected with on a weekly basis through the Ray White systems, with the business also being able to market properties on social, property, and other web portals.
Raglan continues to be a popular family destination well known for its surf beaches including Whale Bay together with Vortex Bay. Other activities that attract people to Raglan include cycling, walking and swimming. It is well known for its weekend market and local art.
Ray White Raglan is a business that offers all real estate services, including residential, rural and commercial sales. It also offers property management services in permanent rentals and holiday rentals. For further information regarding this business together with the satellite office at Whatawhata, please contact Graeme Smith, Regional Manager – firstname.lastname@example.org – 027 244 2882.