North Bondi Apartment
Secured by Buyers Agent in Sydney
Property Details
The Client’s Situation
Client was looking for an investment property that could also become a home in the future.
Our client had met with 3 other buyers agents and decided to engage us based on our experience and expertise. Initially, our client wanted advice on location and types of property for long term capital growth as well as a property that would generate a high yield.
Our Strategy as Buyer’s Agent in Sydney
We established a plan and went to market with our clients criteria.
We shortlisted 26 properties, 8 of which were off market and eventually narrowed the search between a property in North Bondi and a harbourfront Double Bay property.
Both were Off Market listings and provided us with additional time to undergo extensive due diligence on the two properties, and put the client in a position to put an offer on both.
The initial offer for the Double Bay property was rejected by the owners, who wanted an emotional based price rather than the logical market price for the property.
The next morning we placed on offer on the North Bondi Property and secured at our initial price.
Our client was pleased to have secured the ideal property, offering long term capital growth and high yield, with existing tenants for the next 18 months, paying 1200p/w, fully renovated, 3 bedroom, 2 bathroom, 2 storey apartment in a character block.