Preston, VIC
Client Outcome
A Successful Purchase:
Our client, a medical specialist and long-term repeat buyer across Queensland, Western Australia and New South Wales, engaged us again to expand their investment portfolio. With a focus on increasing exposure at what we identified as the bottom of the cycle, we recommended strategic entry into the Melbourne market.
We secured a quality Californian bungalow in a premium Preston street, successfully purchased at auction with five registered bidders competing. Despite strong interest, we secured the property below market value, with strong comparable evidence supporting upside potential, including a neighbouring home recently sold for $1.7m and requiring renovation.
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