Bricks & Mortar RE

What Bricks & Mortar RE does

Bricks & Mortar RE Ltd is a privately held, Melbourne-based residential property management and sales firm founded by Sahil Bhasin, operating exclusively in Melbourne suburbs from its headquarters at 829A High Street, Thornbury, Victoria. The firm targets private investors, landlords, developers, and property owners, with a deliberate positioning as a property-management specialist rather than a sales-led agency — a contrast it draws explicitly against competitors. Its service suite spans end-to-end property management (tenant screening, lease preparation under the Residential Tenancies Act 1997, routine and entry inspections, maintenance coordination, rent collection, and financial statements) alongside sales services (market appraisal, method-of-sale determination, property preparation, and photography). The company also offers strategy sessions covering depreciation, portfolio strategy, and forecasting, and a structured five-step agent-transfer service designed to migrate landlords from incumbent agents without rent disruption.

The firm's technology backbone is the third-party PropertyMe platform, which powers cloud-based owner and tenant portals providing 24/7 access to financial statements, inspection reports, maintenance job status, and tenancy agreements. Marketing differentiation is delivered through professional and drone aerial photography and videography, combined with platinum-tier listing positioning on Realestate.com.au and Domain.com.au. Operationally, property managers maintain deliberately low portfolios of 120-150 properties versus an industry standard of 200-250, enabling more attentive service, same-day rental disbursements to owners, and three open-for-inspections per week per property.

The revenue model is a hybrid of recurring property management fees (subscription-style, charged as a percentage of rental income to owners and landlords) and one-time sales commissions on investment property transactions. Pricing is not publicly disclosed and is quoted individually per property. The firm is founder-owned with no identified external institutional capital, parent entity, or subsidiaries, and operates as a single-country domestic business with no disclosed international footprint. Headcount, property-under-management totals, and revenue figures are not disclosed in the available data.

Name

Bricks & Mortar RE

Legal name

Bricks & Mortar RE Ltd

Website

https://bricksamortar.com.au

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bricks & Mortar RE is a Melbourne-based residential property management and sales firm serving private investors, landlords, and developers, differentiated by lower manager-to-property ratios, daily rent disbursements, and PropertyMe-enabled owner and tenant portals.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Property management services
• Residential property sales
• Tenant screening services
• Landlord property management
• Real estate agency

Headquarters

HQ city

Thornbury

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Management Services: Ongoing property management fees charged to property owners and landlords for portfolio management services including tenant screening, inspections, rent collection, and maintenance coordination
2. Property Sales: Commission-based revenue from selling investment properties, including market appraisals, property preparation, and sales execution

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Bricks & Mortar RE provides comprehensive property management and sales services for private investors, developers, and property owners across Melbourne's covetable suburbs. Core offerings include ongoing portfolio management (tenant screening, lease preparation, inspections, rent collection, maintenance coordination, and financial reporting) and residential property sales support (market appraisal, method-of-sale advice, property preparation, and presentation). The firm supplements these with 24/7 owner and tenant portals powered by PropertyMe, drone aerial marketing, and a structured agent-switching service.

Product overview

Bricks & Mortar RE is a property management and real estate services company offering a unified suite of services for property investors, developers, and owners in Melbourne. The core offering comprises Property Management Services (including lease preparation, tenant screening, inspections, and financial management) and Sales Services (including market appraisal and property sales). The company operates integrated Owner and Tenant Portals powered by PropertyMe platform, enabling 24/7 access to financial statements, maintenance jobs, inspection reports, and tenancy information. Additional services include drone photography for property marketing, strategy sessions for investor education, and full-service agent transfer support. The company differentiates through technology-enabled features including drone aerial imagery, platinum listings on Realestate.com.au and Domain.com.au, daily rental disbursements, and same-day responsive service.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services

Quantifiable outcome

• Property managers handle 120-150 properties versus industry standard of 200-250
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Biggin & Scott: Australian real estate group with Melbourne operations spanning sales, leasing, and property management. Comparable as a same-geography competitor serving similar investor customers.
• Buxton Real Estate: Long-standing Victorian real estate agency offering residential sales and property management across Melbourne and regional Victoria. Comparable as a diversified local agency competing for the same investor and landlord customers.
• Marshall White: Premium Melbourne real estate group with a property management division focused on high-end suburbs. Comparable in targeting affluent investors and offering a higher-touch service model in the same geographic market.
• Jellis Craig: Major Melbourne-focused real estate agency with a strong property management arm serving inner-east and Bayside suburbs. Comparable as a premium Melbourne property manager targeting investors and landlords in the same geographic footprint.
• Nelson Alexander: Established Melbourne-based real estate agency offering residential sales and property management across inner-city suburbs. Directly comparable as a same-geography competitor with overlapping property management services—one of Bricks & Mortar's named competitors referenced indirectly via former employees.
• McGrath Estate Agents: Australian real estate agency with a strong Sydney and Melbourne presence and active property management division. Comparable as a metro-focused competitor targeting similar investor and landlord segments.
• Barry Plant: Victorian-focused real estate network offering residential sales and property management across Melbourne suburbs. Comparable as a same-state agency competing for the same investor customer base.

Others

• PropertyMe: Cloud-based property management SaaS platform used by Bricks & Mortar for owner and tenant portals. Comparable as the technology enabler/infrastructure provider rather than a direct competitor—relevant for understanding the firm's technology stack and operating model dependencies.

Broad incumbents

• Ray White: Large Australasian real estate franchise network with significant property management operations across Melbourne. Comparable as a broader incumbent offering similar services but at greater scale and with a less specialized brand position.
• Harcourts: International real estate franchise with substantial Australian operations including Melbourne property management. Comparable as a broader incumbent offering overlapping services through a franchise model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bricks-mortar-re

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bricks & Mortar RE