Matraville Apartment
Secured by Buyers Agent in Sydney
Property Details
The Client’s Situation
Our client was a repeat buyer, who once again engaged us to look for a secure investment in the Eastern Suburbs.
They wanted a high yield, low maintenance building with upside potential to increase yields in the future.
Our Strategy as Buyer’s Agent in Sydney
We identified an area where the local town centre was about to undergo a major upgrade, this would obviously have a positive effect on the returns on nearby properties.
Having shortlisted a number of apartment blocks and boarding houses that met our client’s needs, we narrowed our focus on the best option, a premarket property that our client would not have otherwise had access to, as it was not listed anywhere.
We took advantage of the opportunity to inspect and assess the property before anyone else had a chance to.
The apartment block was located on a quiet leafy street, yet was just around the corner from village shops and express city transport.
Having 6 sources of income through each apartment, with potential to renovate and scheduled local development upgrades was everything our client had hoped for.
Before this property hit the open market, we began negotiations to secure our clients investment for the best price, and are now currently advising them on next steps, to renovate and capitalise on the current rental market.