Teska & Carson
Teska & Carson is Melbourne's largest privately owned independent commercial real estate agency, offering sales, leasing, asset management and owners corporation services across a $6 billion portfolio of more than 5,000 commercial tenancies in Greater Melbourne.
- Company typePrivate
- Founded1990
- HeadquartersRichmond, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Teska & Carson does
Teska & Carson is Melbourne's largest privately owned independent commercial real estate agency, founded in 1990 by Ion Teska and headquartered at 6 Yorkshire Street, Richmond, with an additional office at 289 Flinders Lane, Melbourne CBD. The firm operates across four core service lines: commercial property sales (auctions, private sales, expressions of interest), commercial leasing for office, retail and industrial space, asset management covering more than 5,000 tenancies ranging from 100 to 40,000 square metres (strip retail, shopping centres, office and industrial), and owners corporation management for office buildings, shopping centres, residential towers and industrial complexes with 24/7 maintenance. Its reported $6 billion portfolio of prime commercial assets under management extends across Greater Melbourne, with named transaction outcomes including A$86.8M (399 Lonsdale Street), A$53.5M (Cremorne development site), A$4.9M (Murphy Street Richmond) and A$2.75M (Post Office Hotel).
The firm's business model is fee-based across two primary streams: (i) transaction-driven commissions on sales and leasing, and (ii) recurring managed services revenue from asset management and owners corporation mandates. Its go-to-market is enterprise field sales, with direct agent-to-client engagement across Greater Melbourne, supplemented by co-brokering partnerships with Colliers and Cushman & Wakefield on larger institutional mandates. Customer segments span HNW investors, property funds, commercial tenants, and owners corporations. The technology stack is intentionally minimal — a Reapit-powered property listing website — with no proprietary SaaS, API or AI tooling documented. Ownership remains with the firm's directors, and the company has not raised external venture or private equity capital.
Teska & Carson firmographics
Firmographics- Name
- Teska & Carson
- Legal name
- Teska & Carson
- Website
- https://www.teskacarson.com.au/
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Teska & Carson is Melbourne's largest privately owned independent commercial real estate agency, offering sales, leasing, asset management and owners corporation services across a $6 billion portfolio of more than 5,000 commercial tenancies in Greater Melbourne.
- Ownership category
- akta.pro rank
Teska & Carson industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industries
- Retail Real Estate Asset Management (BPAJAMAF), Retail Property Management (BPAJAGAB)
Keywords
Where Teska & Carson is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Teska & Carson business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Commercial Real Estate Sales: Commission-based sales of commercial properties including retail, office, industrial, and development sites across Melbourne
- Commercial Leasing: Leasing services for commercial tenants generating lease transaction fees
- Asset Management: Portfolio management of over 5,000 tenancies ranging from 100 to 40,000 square metres including strip retail, shopping centres, office and industrial buildings
- Owners Corporation: Management of complex owners corporations including office buildings, shopping centres, residential towers and industrial complexes with 24/7 maintenance services
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Teska & Carson product offering
Product offeringCore offering
Teska & Carson is a Melbourne-based independent commercial estate agency providing commercial property sales (auctions, private sales, expression-of-interest), commercial leasing, asset management of over 5,000 tenancies, and owners corporation management for offices, shopping centres, residential towers, and industrial complexes. The firm operates across Greater Melbourne with a $6 billion portfolio under management, supported by a website-based property search platform.
Product overview
Teska & Carson is Melbourne's largest independent commercial estate agency offering four core services: Sales, Leasing, Asset Management, and Owners Corporation Management. These services are supported by a property search and listing platform accessible via their website. The company manages over 5,000 commercial tenancies and a $6 billion portfolio of prime commercial assets. No SaaS product modules, API, or AI-powered tools were identified.
Differentiator
Problem solved
Functional benefit
Products and services
- Sales Services Commercial property sales including auctions, private sales, and expression-of-interest campaigns for retail, office, industrial, and development sites across Melbourne.
- Leasing Services Commercial property leasing representing landlords and tenants in securing office, retail, and industrial tenancies.
- Asset Management Management of commercial property portfolios including over 5,000 tenancies ranging from 100 to 40,000 square metres across strip retail, shopping centres, office, and industrial buildings.
- Owners Corporation Management Strata and owners corporation management for office buildings, shopping centres, residential towers, and industrial complexes with 24/7 maintenance services.
- Property Search Platform Online property search platform for current auctions, properties for sale, properties for lease, sold results, and leased results listings across Melbourne.
Quantifiable outcome
- $86.8 million - Sale of 399 Lonsdale Street (bought for $31.5 million eight years prior)
- +3 more outcomes
Companies that use Teska & Carson
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Teska & Carson technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Teska & Carson partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- ColliersminorCo-brokering partnership for commercial property listings. Jointly marketed 42 Kelso Street, Cremorne with Teska Carson and Colliers presenting the property for lease.
- Cushman & WakefieldminorCo-brokering partnership for high-value commercial investment properties. Jointly marketing 24-26 Cubitt Street, Cremorne for sale by Expression of Interest.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Teska & Carson competitors and assessment
Company assessmentBroad incumbents
- Colliers: Global commercial real estate services firm with a substantial Australian presence. Directly comparable as a co-brokering partner on Melbourne commercial mandates and competes for institutional listings in retail, office and industrial sectors.
- Cushman & Wakefield: Global commercial real estate services firm active in Melbourne investment sales and leasing. Comparable as a co-broker partner and direct competitor for high-value commercial mandates across retail, office and industrial.
- CBRE: Largest global commercial real estate firm with significant Melbourne operations spanning investment sales, leasing and asset management. Competes for institutional commercial mandates at the top end of the market.
- JLL: Global commercial real estate services firm offering investment sales, leasing and asset management in Melbourne. Comparable as a competitor for prime commercial mandates and as a co-broker on larger transactions.
- Knight Frank: Global commercial real estate agency with a strong Melbourne presence covering sales, leasing and asset management. Comparable as a competitor and co-broker for prime commercial investment transactions.
- Savills: Global commercial real estate firm active across Melbourne's commercial property market in sales, leasing and asset management. Comparable competitor for mid-to-large commercial mandates.
Direct peers
- Stonebridge Property Group: Independent Melbourne-based commercial real estate agency focused on sales, leasing and asset management. Closely comparable as a boutique competitor targeting similar HNW investors and property owners in the Melbourne market.
- Fitzroys: Independent Melbourne commercial real estate agency specializing in retail, office and industrial sales and leasing. Closely comparable as a boutique Melbourne-focused peer competing for similar investor and owner mandates.
- Gross Waddell: Independent Melbourne-based commercial real estate firm offering sales, leasing and property management. Comparable boutique competitor with similar focus on inner-Melbourne commercial property investors and owners.
- Lemon Baxter: Independent Melbourne commercial real estate agency specializing in inner-city retail, office and development site sales. Closely comparable as a boutique competitor operating in the same Melbourne submarkets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Teska & Carson social profiles
Digital presenceTeska & Carson financial estimates
Financial estimateRevenue estimate
Valuation estimate
Teska & Carson leadership team
Management profileNumber of profiles
Profiles16 records
Teska & Carson funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Teska & Carson M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Teska & Carson
What does Teska & Carson do?
Teska & Carson is a Melbourne-based independent commercial estate agency providing commercial property sales (auctions, private sales, expression-of-interest), commercial leasing, asset management of over 5,000 tenancies, and owners corporation management for offices, shopping centres, residential towers, and industrial complexes. The firm operates across Greater Melbourne with a $6 billion portfolio under management, supported by a website-based property search platform.
Is Teska & Carson a public or private company?
Teska & Carson is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Teska & Carson founded?
Teska & Carson was founded in 1990. It employs 11 to 50 people.
Where is Teska & Carson based?
Teska & Carson is headquartered in Richmond, Australia, in the Oceania region.
How does Teska & Carson make money?
Four revenue lines are on record. Commercial Real Estate Sales are the primary driver. The others are commercial Leasing, asset Management and owners Corporation.
Who are Teska & Carson's main competitors?
Broad incumbents on record are Colliers, Cushman & Wakefield, CBRE, JLL, Knight Frank and Savills. Direct peers are Stonebridge Property Group, Fitzroys, Gross Waddell and Lemon Baxter.
Does Teska & Carson have an API?
No public API is recorded for Teska & Carson.
What industry is Teska & Carson in?
Teska & Carson's product category is Commercial Real Estate Services. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJAMAF, Retail Real Estate Asset Management. Its NAICS code is 5312 and its SIC code is 6531.