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Diversified real estate group The Agency Group Australia has further expanded its brand nationally, appointing a highly respected sales agent to its new Albert Park office in Melbourne.

A renowned leader within the real estate industry, Michael Paproth has been ranked as one of the top agents in the Port Phillip Bay area in Melbourne, specialising in the sale of prestige property and building market-leading real estate teams.

Michael Paproth
Property Partner – The Agency – Melbourne

Mr Paproth has held a strong position in Melbourne’s high-end property market for two decades. In 2017 Mr Paproth sold $177 million in residential property.

He will team up with The Agency’s General Manager, Melbourne, Peter Kakos, at The Agency’s newest office on Victoria Avenue in Albert Park, an inner suburb of Melbourne.

The office will officially open next month.

On opening, the Albert Park office will boast eight high calibre executives, including Mr Paproth, across real estate, project marketing and property management.

Michael Paproth is a very strategic appointment to The Agency as he is regarded as the ‘go to’ agent for property in Port Phillip Bay, and together with General Manager Melbourne Peter Kakos will assist us launch and growth our new Albert Park office,” Agency Managing Director Paul Niardone said.

“He has an unrivalled knowledge of the area and for over 20 years he has specialised in selling Albert Park, Middle Park and Port Melbourne’s finest homes and apartments.

“Michael will continue to lead his own team and continue to deliver exceptional outcomes for his trusted clients.”

Last year, The Agency expanded into Queensland with the opening of an office in Broadbeach, Gold Coast, which has 12 executives across real estate, project marketing and property management.

Both the Albert Park and Broadbeach office leases, and the hiring of all staff and contractors in these offices, including Mr Paproth, are fully funded by The Agency.

The Agency, which has a highly successful real estate business in Western Australia and a range of ancillary businesses covering a range of real estate and finance related business across Australia, is actively expanding its presence on the east coast of Australia.

Shares in The Agency were last trading at 1.9c.

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