• Investment Property in Inner West, Sydney - View
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Property Type: 3 bedroom house

Property Location: Inner west

 

Buyer’s Scenario

Our client was looking for an investment property on a large piece of land in the Inner West.

We were contacted prior to him attending an auction for a property he was interested in and he wanted advice and guidance on accurate value of the property to ensure they weren't paying too much and to avoid missing out if they chose to go ahead with the opportunity.

 

Buyers Agent’s Solution

After detailed analysis, we concluded that the property was not worth what the vendor wanted, but we still attended the auction and bid for our client, bowing out as the fair market value of the property. This property was passed in on the day, as it was clear the property was not priced correctly.

From there we reviewed several other properties and eventually located a large block with two houses having separate street frontages.

This unique opportunity had a significant upside, as well as strong cash flow. The front house has further renovation potential, which we were able to explore with our in-house building expert, before submitting an offer.

We were able to apply our tailored negotiation strategy to swiftly secure this property off the market, away from other interested parties.