Purpose of Purchase:Overseas Investor / Future Owner Occupier
Property Type: Unit
How this purchase met the client’s brief:
- Inner City Sydney investment and future home
- Condition that requires minimal ongoing maintenance
- Strong Rental Yeild
A Successful Investment:
The property had been on the market for a number of weeks until the selling agent adjusted to a more realistic price guide. With three competing parties including us, although there were two other slightly higher offers from opposing buyers, the vendor favoured selling to us as we were ready to proceed quickly, with our client prepared for contract signing and immediate exchange. Ultimately our client secured an investment with a strong yield, at a slightly below market price with a long term tenant in place.