Darwin, DARWIN 0800
$790,000

Wollermann & Associates
415 Canterbury Road,
Surrey Hills, VIC 3127

Darwin, DARWIN 0800

Professional for sale

Darwin, DARWIN NT 0800

$790,000

Business Details

Owners Corporation Northern Territory (GLOC06)

This Franchised Body Corporate Management business has been engaged in strata title / body corporate management since 1995. The Darwin based business has quickly become an integral part of the owners corporation community.
Rarely does an opportunity arise to purchase 27 years of community trust, reputation and brand awareness.

The asking price of $790,000.00 represents an impressive Return On Investment of 29.1% and estimated payback period of 3.43 years.

The financial stability and trading strength of the business is evidenced by how well Owners Corporation businesses weather difficult economic times. Whilst other businesses may be struggling, turnover increased in the 2015/16 financial year by 27.6% and again in the 2016/17 financial year by 21.5%.

No. of Plans - 92
No. of Lots - 1,243
Management Fees - $375,544.00 (av. $302.13)
Insurance Commission - $80,363
Disbursements - $69,914 (av. $56.25)

For further information please contact Gary Lay on
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Summary »

  • Business Category: Professional
  • Business Sub Category: Property/Real Estate
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Wollermann & Associates
415 Canterbury Road,
Surrey Hills, VIC 3127

Phone: 03 9888 6488
Fax: 03 9888 4040

Gary Lay
Phone: 03 9888 6488

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