Our client came to us to negotiate on a property she had found.
After inspecting the property with our client and conducting our due diligence, it was apparent the property was going to be a money pit.
As a full buyer’s agent service client, we were quick to find another solution. We viewed a north facing, back unit in Merewether which was just 850 meters to Bar Beach and a walk from The Junction shopping precinct and cafes.
Once the offer was accepted, we exchanged the next day and secured the Merewether property, which ticked all the boxes for our client.
The Merewether property was purchased under our client’s budget of $130,000 and was in her desired location! It was another great result and the client was extremely happy with the outcome.
Purchased price: $870,000
Potential Weekly Rent: $700.00
Potential Yield: 4.1%