Mitch is a seasoned investor who is no stranger to buying and selling property. Mitch has been keeping a keen eye on the market and identified that now was the best time to secure more property as an investment. Mitch clearly knows what he's doing, however, as a professional in his own field, Mitch understood that he would save both time and money engaging a professional buyer's agent to conduct his search and negotiation. Especially, as Mitch has very specific criteria.
Mitch’s best outcome was going to be derived by utilising Street Smart’s Comprehensive service option. This option enabled Mitch to be presented with off-market opportunities as well as those on public market, giving him a 100% exposure to buying choice.
Location: Inner West, Inner City & Inner East
Maximum Budget: $2.2m
Dwelling: All dwellings
Attributes: A property that will yield well, or the ability to add value to increase capital value and yielding potential
We were able to secure;
Location: Glebe
Purchase Price: $1.073m
Dwelling: 1980’s exposed brick townhouse
Attributes: 2 bed | 1.5 Bath | 1 Car | Attic
Features: Unrenovated/original condition, exposed brick throughout, attic space convertible to a third bedroom, kitchen capable of being relocated to open the living/dining areas, within a 2 min walk to Glebe Shops & transport
Through a lengthy search, having declined multiple opportunities, Mitch was able to secure an investment that has the potential to renovate and add a third bedroom within the existing structure which will generate an attractive yield. The property was secured in silent auction process within 4 business hours of first seeing the propery.
