Property Location: Paddington
Our client needed to buy a home close to their CBD work, while still being a quiet and relaxing location.
She wanted a property with parking, 2 bathrooms and a nice outlook.
A two level converted warehouse apartment was secured from other interested buyers, days after hitting the market.
It was in good, yet slightly tired condition. We recommended a few changes/updates to add value. We would usually recommend a wall be removed to create an open plan spacious layout. However this property needed a small wall installed to break up the oversized area, to create a designated dining area, separate lounge and a larger kitchen.
The effect was instant, making the area actually feel bigger as well as more functional.
Our client ended up selling soon after, realising a very healthy gain.
Works included:
Purchase price – $800,000
Renovation cost – $45,000 approx
Sale price after renovation – $1,050,000
“It was a wonderful experience working with Frank, he is very honest and gives sound advice when asked.
Very professional in a very well rounded approach and really takes the stress out of buying a home, particularly in the current strong market conditions.
Thank you ‘Search Find Invest’ for making me a happy home buyer”
Emma
Inner City Buyer