Under Contract - Boutique Real Estate Agency – Property Management & Sales
Norfolk Island, New South Wales 2899
SOLD
Key Features
AI generated. Contact seller to confirm.
- 55 properties under management at an 8% fee
- 22 current listings, combined value approx. $16.7m
- Sells about one property per month
- Average sale price approximately $700,000
- Proven rental income ~$6,500–$10,000+ per month
- Vehicle included in the sale
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Est 1980
Business Details
Business Category Property Real Estate
Well established real estate agency, only one of two available for sale. With decades of history in the local market, this business offers both stability and clear upside.
Located in a coastal lifestyle destination, the agency manages a portfolio of furnished residential properties, runs an active sales division, and enjoys a trusted reputation in the community.
Business Highlights
- Reliable Property Management Portfolio: 55 properties under management at an 8% fee
- Extensive Sales Listings: 22 properties currently listed with a combined value of approx. $16.7m
- Consistent Sales Pipeline: Selling around 1 property per month, avg. sale price $700k @ 3.25% commission on average
- Proven Annual Rental Revenue: Consistent management income ranging from ~$6,500 – $10,000+ per month
- High-Value Commission Potential: Current listings represent approx. $540,000 in commission opportunity
- Avg. Commission of 3.25%
- Vehicle Included in the sale
- Trusted and Established Brand: Longstanding presence with strong local recognition and credibility (Est 1980)
What’s Included
- All property management agreements
- Current sales listings and pipeline
- Office setup and operational systems
- Transition support from the vendor
Perfect For
- For anyone looking to expand into a lifestyle market
- Experienced sales agents ready to step up into ownership with an income base already in place
- Business buyers looking for a scalable, recurring revenue model with sales upside
No real estate license required.
Asking Price: $249,000
This is a rare chance to step into a fully operational real estate business with recurring management income, a substantial listing book, and clear pathways for growth.
Serious buyers only. Enquire today to receive financials.
Property Code: 141
Located in a coastal lifestyle destination, the agency manages a portfolio of furnished residential properties, runs an active sales division, and enjoys a trusted reputation in the community.
Business Highlights
- Reliable Property Management Portfolio: 55 properties under management at an 8% fee
- Extensive Sales Listings: 22 properties currently listed with a combined value of approx. $16.7m
- Consistent Sales Pipeline: Selling around 1 property per month, avg. sale price $700k @ 3.25% commission on average
- Proven Annual Rental Revenue: Consistent management income ranging from ~$6,500 – $10,000+ per month
- High-Value Commission Potential: Current listings represent approx. $540,000 in commission opportunity
- Avg. Commission of 3.25%
- Vehicle Included in the sale
- Trusted and Established Brand: Longstanding presence with strong local recognition and credibility (Est 1980)
What’s Included
- All property management agreements
- Current sales listings and pipeline
- Office setup and operational systems
- Transition support from the vendor
Perfect For
- For anyone looking to expand into a lifestyle market
- Experienced sales agents ready to step up into ownership with an income base already in place
- Business buyers looking for a scalable, recurring revenue model with sales upside
No real estate license required.
Asking Price: $249,000
This is a rare chance to step into a fully operational real estate business with recurring management income, a substantial listing book, and clear pathways for growth.
Serious buyers only. Enquire today to receive financials.
Property Code: 141
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
