Disrupting a $2.2B Fragmented Conveyancing Market

Open for investment Bond Conveyancing P/L

Bond Conveyancing Pty Ltd | Equity Crowdfunding

CSF Type of Offer
$14.9 millionPre-money Valuation
$500 Minimum Investment
Up to $3 million Size of Offer

Minimum Target $800,000

85%

$679,607

Raised

102

Investors

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Retail investors are entitled to a 5 day cooling-off period.

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Reimagining Conveyancing for Modern Australia

Bond Property Lawyers is transforming Australia’s $2.2B conveyancing industry. A fragmented, outdated sector lacking a scaled national operator. Bond is building that first mover advantage.

We’re a tech-enabled conveyancing firm delivering fast, seamless transactions with 24/7 client visibility and industry-leading service. Our platform, people, and process are designed for scale.

We’ve secured three new national partnerships, increasing our referral base by 60x. We’ve achieved 415% revenue growth over the last 2 years, with NPS scores 170% above the industry average.

Our leadership team has successfully built and exited high-growth businesses in the tech and services sectors, and is now applying that experience to create Australia’s leading property law firm.

Did you miss the Investor Q&A - watch it here

Join the High-Growth Journey with Proven Traction

  • Targeting Australia’s $2.2B conveyancing industry — fragmented, underserved, and primed for disruption
  • First mover advantage, building a scalable national conveyancing firm with streamlined legaltech systems
  • Three new major partnerships secured, increasing referral base by 60x
  • Strong Partnerships providing us access to over 6,000 settlements a month, ~10% of all property transactions in Australia
  • 415% revenue growth over the last 2 years with NPS scores 170% above the industry average
  • Experienced leadership team with multiple successful exits in tech, and service-based businesses
  • Proven B2B2C distribution model via mortgage brokers, real estate agents, and proptech platforms
  • Strong growth plans - raising capital to accelerate national expansion, enhance automation, and scale operational capacity

Built for Scale. Engineered for Simplicity.

Bond Property Lawyers is not a traditional law firm retrofitted with tech. We are a legaltech business purpose-built to simplify and scale Australia’s most common legal transaction — conveyancing.

We manage the full legal workflow in-house through a purpose-built, tech-enabled platform that delivers efficiency, visibility, and speed across every stage of a property transaction. From smart intake and automated contract preparation to real-time updates and integrated settlements, Bond controls the entire client and partner experience.

This vertical integration ensures consistency, turnaround, and costefficiency, crucial in a fragmented industry plagued by paper-based processes and legacy systems.

Our B2B2C model embeds Bond into the workflows of major real estate, mortgage, and proptech partners becoming the invisible legal engine behind seamless client experiences.

Much of our growth is powered by the founding team’s long-standing relationships across these sectors, built over decades in legal, proptech, finance and real estate leadership.

Bond isn’t just fixing inefficiencies, we’re reshaping the infrastructure of property law.

With AI in active development, and our automation technology already in-market and proven, we’re set to define what national conveyancing should look like in a digitalfirst Australia.

A $2.2B Market Ready to Consolidate

Australia’s conveyancing industry processes over 1.4 million transactions annually, generating an estimated $2.2 billion in revenue yet no national leader exists. The market remains fragmented, with thousands of small, local firms relying on manual processes and outdated systems.

Bond is seizing the first-mover opportunity to become Australia’s scaled conveyancing brand. Our addressable market includes over 723,000 settled properties annually, 110,000+ real estate agents, 22,000+ mortgage brokers, and 700+ proptech and fintech platforms. All looking for faster, more integrated legal solutions.

In other service-based industries, market leaders often hold 15–25% market share. In conveyancing, the current leader holds approximately 5%, highlighting a clear consolidation opportunity.

Industry tailwinds support this opportunity:

  • Property prices are rebounding, driving volume and urgency
  • The legal sector is undergoing rapid digital transformation
  • Referral channels are consolidating via aggregators and national real estate groups

Our partnerships already give us access to over 115 partners, and with three major deals secured, our distribution network is set to expand to 5,000 partners, a 60x increase.

Bond is positioned to become the dominant legal infrastructure provider in Australian property.

Rapid Growth, Real Results, Proven Model

Since launching in late 2022, Bond Property Lawyers has achieved exceptional growth and validation in one of Australia’s most fragmented service sectors.

  • Revenue growth: 88% YoY in FY25, reaching $2.5m
  • Run rate: $3.9m for June annualised and growing monthly
  • Profitability: Positive cash flow with 65% gross margin
  • File volume: Over 2,300 property matters completed
  • Referral engine: Grew to 115+ active partners in under 24 months
  • Customer satisfaction: NPS 171% above the industry benchmark

Bond’s strong partner alignment has been central to our success.

We’ve recently secured preferred supplier status with groups that account for ~10% of Australia’s property transactions. In July 2025, we executed three landmark partnership deals, expanding our potential distribution base to over 5,000 partners, a 60x uplift.

Our proprietary platform is live and delivering results, with smart intake forms, contract automation, and real-time dashboards in place. The next phase includes AI-driven document reviews and partner-led integrations.

Bond has the tech, traction, and trust to scale and a clear roadmap to double revenue again in FY26.

Deep Tech Meets Deep Industry Relationships

Bond’s core competitive advantage lies in the way we’ve rebuilt property law from the ground up. Not as a traditional law firm, but as a LegalTech platform designed to scale.

Unlike most providers using off-the-shelf tech or siloed operations, we own and control our main infrastructure. Our platform integrates automation, real-time updates, and partner dashboards to deliver faster, higher-margin outcomes without adding headcount.

Our B2B2C distribution model is difficult to replicate, embedded through trust-based partnerships with national mortgage aggregators, real estate networks, and proptechs. These relationships weren’t bought, they were earned over decades in the industry, giving us a speed-to-scale advantage few can match.

The team behind Bond has scaled and exited PropTech and services businesses before. We know how to turn legal complexity into operational simplicity and how to deliver returns.

Our moat will only deepen over time: AI tools, predictive automation, and partner integrations will increase efficiency and stickiness as we grow.

Where others see conveyancing as a service, we see it as infrastructure. That’s why we’re not just competing, we’re positioned to lead.

Exclusive Perks for Bond Shareholders

We want our shareholders to be as big fans of our service as we are, and to benefit from being part of Bond’s journey. We’re proud to offer a range of rewards for investment in this crowd equity campaign.

*All discounts and in-kind offerings apply for 5 years post-close of the offer (If Bond Conveyancing Pty Ltd is acquired within this time, discounts may be subject to change)

The Team

Bill Nikolouzakis

Co-Founder & Executive Director

Bill has 20+ years of experience in real estate, PropTech and finance. Prior to Bond Bill was COO and CRO of PropTech Group (ASX:PTG) and previously the founder of Nyko Property which was acquired by iBuyNew (ASX:IBN). Later held CEO and Managing Director positions at iBuyNew (ASX:IBN).

Rex Afrasiabi

Co-Founder & Executive Director

Rex has 20+ years of legal experience and founded Bond to simplify conveyancing and support clients through one of the most stressful periods of their lives.

Mirella Rice

Chief People Officer

Mirella has 15+ years in property and conveyancing practice management. Mirella is a licensed Conveyancer with HR and business operations qualifications. Mirellla oversees operations, training and high-quality client service delivery

Terms of the Offer

Issued Capital

For more detailed information, please read the Capital Structure section of the offer document.

Use of Funds

For more information, please read the Use of Funds section of the offer document.

Company Risks

Bond Conveyancing Pty Ltd T/A Bond Property Lawyers is a fast-growing, tech-enabled national conveyancing firm designed around mortgage brokers and agents. Not as an afterthought, but as the core. As with any growth business, an investment in the Company should be seen as high-risk and speculative. A description of the main risks that may impact their business are listed in the offer document. Investors should read this section carefully before deciding to apply for shares under the Offer. There are also other, more general, risks associated with the Company (for example, distribution and partnership, competition, key management, or the inability to sell their shares). See the Risk section in the Offer Document for further information.

 

The Offer is subject to a Maximum Subscription amount of $3,000,000. If the Maximum Subscription is reached, the Offer will close early. Applications will be treated on a time priority basis and may be subject to scale back, so please fund your application as soon as possible.

IMPORTANT: Please read the below information before investing in this Equity Crowdfunding offer.

RISK WARNING:  Crowd-sourced funding is risky. Issuers using this facility include new or rapidly growing ventures. Investment in these types of ventures is speculative and carries high risks. You may lose your entire investment, and you should be in a position to bear this risk without undue hardship. Even if the company is successful, the value of your investment and any return on the investment could be reduced if the company issues more shares. Your investment is unlikely to be liquid. This means you are unlikely to be able to sell your shares quickly or at all if you need the money or decide that this investment is not right for you.

Even though you have remedies for misleading statements in the replacement offer document or misconduct by the company, you may have difficulty recovering your money. There are rules for handling your money. However, if your money is handled inappropriately or the person operating this platform becomes insolvent, you may have difficulty recovering your money. Ask questions, read all information given carefully, and seek independent financial advice before committing yourself to any investment.

5 DAY COOLING OFF PERIOD: There is a 5 business day cooling off period for retail investors. During this period, you may withdraw your application and receive a full refund into your nominated refund account. Please note: After the 5 day cooling off period has expired, you will be unable to withdraw your application. More information here.

ONMARKET FEES: Upon successful completion of the Offer, a maximum fee of 6.5% of the funds raised will be paid to OnMarket by the Company.

ONMARKET INTERESTS: OnMarket and its associates may be participating in this offer.

ONMARKET INTERESTS AND AMOUNTS SUBJECT TO COOLING OFF: The funding bar displayed under each crowd funding offer may include applications where payments are yet to be made and amounts that are subject to the cooling off period.

Section 734(6) disclosure: The issuer of the securities is Bond Conveyancing Pty Ltd T/A Bond Property Lawyers, ACN 658 433 508. The securities to be issued are fully-paid ordinary shares. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above)

Question time

We'd love to answer your questions, we'll have one of the OnMarket team or the company representative of the offer get back to you asap. So ask away ...

Company partnership

You are those 3 national partnerships.

Shree krishna S (OnMarket member) on 19/08/2025

Hi Shree, our current corporate partnerships are with Realty.com.au, Dashdot and Stafflink and the new accounts we have recently secured, which provide a much larger level of scale, are AFG (over 3,000 brokers in Australia) and The Agency (one of the leading real estate brands in Australia). Combined, all our groups give us access to almost 10% of all settlements in Australia and we are in advanced discussions with other groups of a similar size..

Bill N (Bond Conveyancing P/L representative) replied to Shree krishna S on 19/08/2025

The new groups have indicated that within 12-18 months, they normally get 25% activation of their brokers/agents from partners. That would result in over 1,000 additional files a month (we currently deliver c.300). We are also growing at c.100% YoY without the corporate accounts.

Bill N (Bond Conveyancing P/L representative) replied to Bill N on 19/08/2025
Current fees

Hi There, I can't see anywhere they have disclosed their current fee structure for their services. Is it a flat fee? Does it change state by state? What is the conveyancing fee charged by these guys?

Jason P (OnMarket member) on 20/08/2025

Hi Jason,

Pricing does vary by state, as each region requires different levels of work and operates within distinct competitive environments. Our objective is to remain competitively priced in every market to support scale. Typically, our fees are lower than those of a law firm and comparable to a conveyancing firm.

For example, in VIC and QLD our pricing is $1,300 + GST, with searches charged at cost.

Bill N (Bond Conveyancing P/L representative) replied to Jason P on 20/08/2025
Liquidity

Hello, what are the liquidity of the shares after investment?

Martin G (OnMarket member) on 25/08/2025

Hi Martin, there are 3 likely liquidity events. 1- strategic sale in the next 6-18 months, 2 - sale to private equity 2-3 years or 3 - IPO. IPO likely to return the highest multiple. There will also likely be another capital raise prior to IPO (should we select that option) and there may be the opportunity to divest some shares at that time should we be oversubscribed.

Bill N (Bond Conveyancing P/L representative) replied to Martin G on 25/08/2025

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Disrupting a $2.2B fragmented conveyancing market

 

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