Bondi & Bellevue Hill Apartments
Secured by Buyers Agent in Sydney
Property Details
The Client’s Situation
Our client was looking to purchase a small block of units as an investment and as a legacy for their kids.
After our expert financial analysis, our client agreed that buying 4 individually selected apartments would have better tax structuring and increased long term financial benefits.
Our Strategy as Buyer’s Agent in Sydney
With this new criteria, we used our inside knowledge, extensive database and relationships with the industry to short list 8 of the most suitable properties to inspect.
Our client selected the best two and we instigated negotiating strategies to ensure we secured both properties simultaneously, away from competing buyers, for the best possible price.
The first property was a north facing, sun drenched apartment with district and seaside aspect. The current tenant had been a resident there for 5 years and provided security for the buyer. This property included two parking spaces on separate titles which added rental flexibility, with a promising 4.6% gross yield.
We leveraged our industry contacts to locate the second property, and secured a rare opportunity to inspect this off market, recently renovated Bellevue Hill property.
This oversized house-like apartment with sweeping views of the harbour and the golf course fit the clients brief perfectly. Importantly, the small character block had level access and parking for two cars.
We negotiated a flexible off-market settlement, saving the vendor money on marketing & auction costs which resulted in additional saving for our client who ended up with an exceptionally good purchase price.