Purpose of Purchase: Owner Occupier
Property Type: Townhouse
How this purchase met the client’s brief:
- Minimal ongoing maintenance
- Good rental yield
- Pet Friendly
A Successful Investment:
The property had been on the market for a number of weeks/months with a price guide of $1,050,000 – $1,100,000 until the selling agent adjusted the price to a more realistic guide of $990,000 – $1,010,000. Taking advantage of the longevity of the home on the market and the vendors frustrations of selling we undertook our inspection and were in a position to proceed quickly for our client with an immediate exchange below the asking price. Ultimately our client secured an investment with a strong yield, at a below market price and a new interim home for their teenage family and dog.