Expansive Renovation Project
Kensington, Sydney

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Kensington Family Home
Secured by Buyers Agent in Sydney

Property Details

Investment Property
4 Bedroom Freestanding Home
Eastern Avenue, Kensington, Eastern Suburbs, Sydney

The Client’s Situation

The client was looking to add another property to their portfolio. Their brief was to locate a character property on a large level parcel of land in an established and sought after area.

It needed to be structurally sound, but have the opportunity to add value with a quick cosmetic upgrade to increase the yield. The long term plan was to develop the block to create multiple dwellings to increase the value and yield substantially.

Our Strategy as Buyer’s Agent in Sydney

A 4 bed single level bungalow was located and purchased for the client. It was in original condition, and on a level 550m2 block. It also has a rear studio which was an unexpected bonus. A cosmetic renovation was completed on the property on behalf of the client, while also adding another bathroom in the old laundry. This created a neutrally geared property. Further DA approvals have been obtained to convert the rear studios into a self-contained 2 bed apartment.

Buyer’s Feedback

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