We were first engaged by this client in 2002 – initially as Buyer’s Agents to purchase this Paddington investment property. For nearly 20 years afterwards, we successfully leased and managed the property which always performed well as a rental.
When it came time to sell, we were then employed as Vendor Advocates to manage the sale.
We began by advising our client on current value and the likely selling range for the property. Then, we interviewed and appointed a selling agent with a strong foothold in the Paddington market and a strong buyer pool to assist.
Our client’s property was ripe for renovation and had a tricky floor plan. We knew that buyers would be limited. Midway through the sales campaign, Sydney also went into lockdown. With this, some buyers backed off.
Despite these things, however, we were still able to manage the interested buyers we had. The property soon sold for a strong price. The result was exactly in the top range of what we’d initially advised our client.
By ensuring we’d purchased the right property in 2002, our client achieved strong growth over the period of ownership. The property more than tripled in value in this time.
If you’re looking to buy an investment property or are thinking of selling, trust the experts, get in touch with Shakira Martin today.