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Circa $1.1M
Our investor client was a busy doctor seeking a high capital growth property in a prime residential area of Melbourne. We inspected 30 properties, short listed 6 and negotiated on 2. The subject property was passed in at $1.21M with $1.27M reserve. Using my negotiation tactics, I managed to secure price agreement at $1.175M, saving our client almost $100k under reserve price. The home was fully renovated and in great condition with 3 bedrooms 2 off streetcar spaces and land content value in excess of 80% and an expected yield of circa 4% ($900-$950/week). An ideal investment property for long term capital growth with the added bonus of a good rental yield with good secure cash flow.
Get an expert in your corner.
Tell us your requirements in the short Property Brief to be matched with one of our expert buyers’ agents who specialize in that area. Once you’ve hit send, we will review the Brief and arrange a consultation to discuss your details and the next steps. Please note the first consultation is obligation-free.
Propertybuyer Inner West, South Sydney & CBD
Level 29 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
Propertybuyer Inner West, South Sydney & CBD
Level 29 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
The Propertybuyer
Podcast
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch |
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Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne? |
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Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024 |
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Mon 12 Feb '24 with Rich Harvey Decoding Sydney’s North Shore Market – Outlook and Opportunities. |
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Sat 27 Jan '24 with Rich Harvey Home Buying in the Eastern Suburbs – A personal journey |
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Sun 7 Jan '24 with Rich Harvey Economic and Property Market Outlook 2024 |
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Listen to many more
podcasts on our
Podcasts page.