Client Profile
- Location: Killara, Sydney
- Buyer Type: Expat investor
- Goal: Purchase a 2-bedroom, 2-bathroom apartment with two parking spots for investment and future use by their son during university
Situation
Our Singapore based client sought a low-rise investment property for both rental potential and future occupancy by their son while studying in Sydney. Key requirements included:
- Proximity to public transport for easy access to the city and university
- North-facing orientation with a spacious floor plan in a low-rise block
- A quiet street location for a comfortable living environment
The client’s tight timeline, combined with competitive price points in the area, necessitated a swift, well-executed search and acquisition strategy.
Challenges
The search for a high-quality investment property in Killara and surrounding suburbs presented specific challenges:
- Competitive Market with Limited Stock: The client’s preference for low-rise buildings and specific floor plans narrowed the pool of suitable properties.
- Overseas Location: Based in Singapore, the client needed reliable, on-the-ground support to inspect properties and provide detailed feedback.
- Tight Timeline: The client required an expedited process to secure the property within three weeks.
Our Approach
To meet the client’s needs, we focused on off-market access, comprehensive due diligence, and an efficient negotiation strategy.
- Exclusive Off-Market Search
Leveraging our agent relationships, we gained exclusive access to off-market properties that matched the client’s criteria. Within three weeks, we identified a spacious, north-facing 2-bedroom apartment in a low-rise block on a quiet street in Killara. This property’s oversized layout, ample natural light, and peaceful location made it an ideal choice for the client’s needs. - Detailed Due Diligence and Valuation
We conducted in-depth due diligence, reviewing the strata report, property condition, and local market conditions. This comprehensive analysis ensured the property’s value was aligned with the client’s investment goals and gave the client confidence in the potential rental return and future usability. - Swift, Strategic Negotiation
Once the property was confirmed, we developed a tailored negotiation strategy to secure it in an off-market environment. By acting quickly and presenting a competitive offer, we secured the property the same day, avoiding competition and meeting the client’s deadline.
Outcome: Securing a Prime Investment Property in Killara Off-Market
Within three weeks, we successfully secured a 2-bedroom, 2-bathroom apartment in Killara that met all of the client’s specifications. The property’s quiet location, oversized north-facing layout, and proximity to transport made it ideal for both investment purposes and future occupancy by the client’s son.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided access to properties not widely available, ensuring a smooth and competitive acquisition.
- Comprehensive Due Diligence: Conducted thorough checks on the property’s condition, valuation, and market pricing to ensure long-term value.
- Efficient and Timely Negotiation: Developed a swift negotiation strategy that enabled the client to secure the property without competition, saving valuable time.
