Client Profile
- Location: Parramatta, Sydney
- Buyer Type: SMSF investor
- Goal: Purchase a 2-bedroom apartment with low strata, high rental yield, and capital growth potential in a low-rise block
Situation
Our client, an investor looking to expand her SMSF portfolio, sought a 2-bedroom apartment in the Parramatta/Westmead area with:
- Low strata levies to ensure strong cash flow
- Proximity to transport and schools for rental appeal and future growth potential
- High capital growth prospects in a popular and accessible area
Having only purchased once before and needing guidance throughout the process, she relied on us for expert support, particularly in property selection, due diligence, and negotiation.
Challenges
The search for an ideal investment property in Parramatta presented specific challenges:
- Strict Criteria in a Competitive Market: Limited properties met her exacting criteria of low strata, strong rental yield, and capital growth potential.
- Time Constraints: As a full-time professional, the client needed efficient property inspections and guidance without heavy time commitments.
- Inexperience with the Process: Having purchased only once before, she needed detailed guidance and support throughout.
Our Approach
To meet the client’s needs, we focused on exclusive off-market access, pre-inspections, and a tailored negotiation strategy.
- Comprehensive Off-Market Search and Property Pre-Inspections
Leveraging our network, we identified and presented over 20 pre-qualified properties within a four-week period. We handled initial inspections to ensure each property met her criteria for rental yield, strata costs, and capital growth, allowing the client to focus on the most suitable options. This extensive reach demonstrated the advantage of working with a buyer’s agent, expanding her options beyond public listings. - In-Depth Due Diligence and Financial Analysis
We conducted thorough due diligence on the shortlisted property, reviewing its rental potential, strata history, and market position. The chosen apartment was within a 10-minute walk to the train station, located in a sought-after school catchment, and featured a private north-facing aspect—all elements that would enhance its appeal to future renters and support long-term value. - Strategic Negotiation and Seamless Purchase
After identifying the ideal off-market property, we developed a negotiation strategy that enabled a swift and competitive offer. Acting quickly, we secured the property shortly after inspection, helping the client avoid a competitive bid scenario and ensuring she could meet her SMSF investment goals.
Outcome: Securing a High-Value Apartment Off-Market in Parramatta
Within four weeks, we successfully secured a north-facing, 2-bedroom apartment with all the desired investment qualities in a low-rise block in Parramatta. This property’s close proximity to transport, low strata fees, and strong rental yield made it an ideal choice for the client’s SMSF portfolio.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided a wide selection of pre-qualified properties, reducing competition and ensuring quality options.
- Detailed Due Diligence and Market Insights: Conducted in-depth assessments on property pricing, yield, and growth potential, ensuring confidence in long-term value.
- Efficient Negotiation Strategy: Secured the property quickly and efficiently, meeting the client’s timeline and budget constraints.
