Property Type: 1.5 bedroom apartment
Property Location: Glen St, Bondi
Our client had been looking for an investment property for a long time. Due to a very busy work schedule and family commitments, they had not progressed any further than looking online and the occasional inspection.
Being such a major purchase, our client wanted to make sure they were making the best purchasing decision possible. They also wanted to utilise the skills and knowledge of a buying professional who was very familiar with the area they desired, the current market they were buying in, and the best strategy to secure the right purchase.
They also wanted someone with a proven track record of buying similar properties in the area, and someone who would make sure they didn’t make a costly error and buy in an undesirable location, or in a building that will end up being a money-pit.
We hand-picked a selection of potentially suitable advertised and off market properties, making sure they all satisfied the most essential investment property criteria. We then carefully inspected each of the properties to make sure they would be suitable for our client’s requirements.
Once we had a shortlist of the most suitable properties, we organised to bring our client around to inspect each of them, and narrowed the list down to the best two.
After thorough due diligence, we engaged with both selling agents, and ended up negotiating the purchase of the clients preferred property.
Located in the ever popular Eastern Suburbs beaches, the property we purchased was a stylish art deco apartment within an easy walk to Bondi and Tamarama Beach. With city transport just around the corner and café’s, restaurants and bars all within an easy walk.
This particular property also has a track record of renting well, so our client can be confident it will provide an excellent cash flow, as well as solid capital gains.
“Frank Russo is fantastic! After close to two years of searching we finally decided to engage a Buyer's Agent and Frank did not disappoint.
At our first meeting Frank said we should have something locked in within 3 weeks (which we thought was agent talk). Within 2 weeks of signing up with Frank we had exchanged contracts.
Frank is responsive. He kept us up to date on a daily basis of the listings and his analysis in respect of each property using a very user friendly portal. Not being from the Eastern suburbs ourselves and being very time poor, Frank inspected a number of properties on his own on the weekends and gave us a shortlist of properties that matched our criteria. He then picked us up, drove us to each appointment and back again.
He made all relevant enquiries during the due diligence phase and did all the liaising with agents, negotiating the price, etc. His knowledge of real estate in the Eastern Suburbs and his calm and calculated approach (not to mention his background in building) make him very valuable in the buying game.
Frank also produced a couple of property reports that helped us to see the investment potential of the properties that we were considering which we found very useful.
I highly recommend Frank.”
Eva and Dimitri
Bondi Beach Investors