We recently engaged Matt Cleland to be our Buyer’s Agent. Having never bought an investment property, we were wanting to avoid making a very expensive mistake. We were keen to ensure we bought a unit which would have great capital growth, rent easily and have a decent yield. Matt’s local’s insights, as he lives here as well as has worked in Manly on the Northern Beaches of Sydney for many years, combined with his buyer skills and industry knowledge proved an invaluable combination.
Prior to us engaging Matt we’d expended lots of time and energy looking for the right property. Unfortunately it was getting us nowhere. We were going round in circles, second-guessing everything and were frozen with indecision and doubt. It was stressful and time consuming.
Once we sat down with Matt and explained what we were looking for he instantly understood what we wanted and set about finding it for us. We were quite specific with our long list of requirements, but Matt was completely up for the challenge. The whole experience of looking for and buying a place was stress free after we had Matt on our side. I’d spoken with Matt numerous times over the years and I’d always found him to be a very genuine and sincere person. Because of his candid, truthful manner and property expertise and contacts, we felt absolutely confident and reassured having him as our buyer’s agent. Matt was always available to explain everything, answer questions and keep us updated as to where he was at with the search. His fee is worth every cent and, we believe by buying the right property at the right price, it pays for itself.
It didn’t take long (only a few weeks!) before we bought a property that was just perfect for us and we couldn’t be happier. I would recommend Matt to anyone wanting to buy a family home or investment property. My only regret is that we didn’t engage him much sooner!
Purpose of Purchase: Investment
Property Type: Apartment
How this purchase met the client’s brief:
- Capital Growth opportunity
- Strong yield
- Smaller block (Less than 12)
- Reasonable strata levies
- Close to wharf/beaches
A Successful Investment:
We had a fairly specific brief for these clients. Research showed that there had only been 3 sales of similar property in the previous 2 years and 2 of them were above budget. We knew we might be in for a long wait but, within 4 weeks a suitable property became available. Due to our prior research we established that we didn’t need to hesitate on this purchase. It met all our requirements and we were able to secure it well within budget through an online auction process.
Providing an even happier ending for our client, we rented the property out on the first inspection for a figure substantially above the high end of our estimated rental figure. This obviously improved the numbers significantly for our buyer and strongly confirmed our thoughts on the property’s value and overall desirability.
PMC Suburb Profile: View more information about Manly and its suburb appeal here.
PMC Region Profile: View more information about the Northern Beaches here.
PMC City Profile: View more information about Sydney here.