Darwin, DARWIN 0800
Professional for sale
Owners Corporation Northern Territory (GLOC06)
This 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
or or email
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- Business Category: Professional
- Business Sub Category: Property/Real Estate