Client C, engaged Reimund Property Advisory to source and secure her first investment property. Being a bayside resident, her preference was to not only secure an asset with sound yield and strong capital growth in the bayside area, but also might be a property that she might take residence in, in years to come.
Reimund property advisory worked closely with the client to finalise the brief and within 6 weeks was able to present a before market opportunity for a 2 bedroom apartment in St Kilda that was beyond the client’s expectations.
The property was located in a boutique block of 9, with the apartment at the top front of the building. It had been renovated 3 years ago and the block offered 15% growth based on recent sales. The property already had committed tenants and offered a 4.25% yield on her investment, in the current climate.
Reimund property Advisory inspected the property on the Friday, took Client C through the following Monday morning, and negotiated the terms to purchase within the next 24 hours, Predicting we saved our client $20,000 and purchasing them a great investment that would be positively geared from settlement.
No marketing, no public opens and no stress. Just another very happy client!