Torch Property Management joins forces with Ayre Real Estate

Ayre Real Estate has announced that Torch Property Management has joined the brand under a strategic collaboration, with the Torch business rebranding to Ayre Real Estate.

The combined business will feature two office locations; the existing Ayre Real Estate office located at the Sheraton on the Park, 161 Elizabeth Street, Sydney, and Torch’s shopfront at 9 Argyle Place, Millers Point.

Ayre Real Estate founder Adrian Wilson says the combined power of our 68 plus years of prestige property experience, coupled with the benefit of two offices in key locations and our advanced marketing strategies, was a significant competitive advantage.

The partnership will service a portfolio of over $400,000,000 in assets with over 200 luxury rentals under management.

Launching a portfolio of prestige apartment sales, the first on the market is a penthouse apartment; 731/8 Point Street pyrmont, for auction on 21st August with a price guide of $5.3 million.

It has a one bedroom apartment in Observatory Tower 2406/168 Kent Street Sydney, listed for sale at $1,575,000.

Craig Donohue, a CBD Agent previously at McGrath joins the leadership team as a Director, alongside Kate Sommervelle, Director and Licensee of Millers Point office, and Adrian Wilson, Founder and Director of Ayre Real Estate.

In addition, Georgia Peters, one of Sydney’s most experienced property managers, also joins the team as Senior Property Manager.

The team at Torch seek premium prices for luxury rentals regularly leasing properties between $2000–$5000 per week, up to $25,000 per week.