A property investment franchise is geared for growth in 2017, with six to 10 franchises planned for Queensland, Victoria and New South Wales. 

Buy Australian Properties, a property investment franchise business was established in 2009 and is expanding in Queensland, Victoria and New South Wales in 2017.

David Pascoe, founder and CEO, said that six to 10 franchises are planned in the Sunshine state, Sydney and Melbourne. Ideally, two are expected to open in each area.

“Our business is doing quite well because interest rates are low, and our natural growth will come in the next five to 10 years,” he said.

Pascoe explained that as population growth continues to accelerate, demand for housing will also rise; especially renting options due to the expense of buying a property.

The initial investment of a Buy Australian Properties franchise is $150,000 + GST, with vendor finance available for approved applicants. Franchisees can run the business from home and can maximise their return on investment from high profit margins. There are no marketing fund or royalties, but franchisees pay a fixed franchise fee and split commission with the franchisor.

“If franchisees don’t make money, we don’t make money,” continued Pascoe.

Ideal franchisees come from a professional services background such as financial or legal services. Franchisees do not require any formal licences to run this business.

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