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Rafael and Tomas were particular about the property they wanted and outside of finding a low maintenance property that achieved strong growth and yield, they were keen to secure a larger block with future potential. We put offers on a number of properties and missed them due to strong competition. A Building and Pest report was available which allowed us to negotiate a further $11,000 off the original offer bringing the buy price down to $592,000. The buyers' were avid researchers which was ok since they did find the occasional property that met their brief which I could arrange to inspect. 80% of the properties they highlighted were under contract. We had a challenge regarding home insurance due to a flooding issue. The property has never flooded, every available agent, flood report and council confirmed this. The problem arose because in the small corner of this same postcode, an industrial area had flooded and the insurance company put a "blanket ban" on the whole postcode area..... Eventually it was sorted successfully. The are happy with the purchase and were good to work with.
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
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Propertybuyer Inner West, South Sydney & CBD
Level 17 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 17 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
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Fri 20 Sep '24 with Rich Harvey How to Invest or Buy Commercial Property |
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Fri 6 Sep '24 with Rich Harvey Breaking Gender Barriers, Creating Empathy & Other Empowering Strategies |
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Fri 23 Aug '24 with Rich Harvey Where to invest for around $500k? |
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Fri 9 Aug '24 with Rich Harvey How to Find the Ideal Investment Suburbs? |
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