Client Profile
Location: Balmain, Sydney
Buyer Type: Owner occupier
Goal: Purchase a 3-bedroom apartment with high ceilings, ideally close to amenities, within a short timeframe
Situation
Our client, a previous buyer who was impressed with our communication and expertise during her own property purchase in Bronte, engaged us again to find an apartment for her son. Key requirements included:
3 bedrooms and high ceilings for an open, spacious feel
Proximity to local shops and transport, including the soon-to-be-finished metro line for ease of access
A short purchasing timeframe and the ability to renovate in the future if desired
Given her trust in our ability to handle inspections, provide due diligence, and manage negotiations, she relied on us to make this process seamless and time-efficient.
Challenges
The search for an ideal apartment presented unique challenges:
Flexible Location Requirements: The client was open to various areas, making the search wide but requiring a focus on quality over quantity.
Competitive Price Point: Finding a spacious, high-ceilinged apartment within budget necessitated strategic property selection.
Purchasing on Behalf of Her Son: With her son as the primary occupant, she relied on us to handle all due diligence and property assessments.
Our Approach
To meet the client’s needs, we focused on off-market access, pre-inspections, and detailed property assessments.
- Off-Market Access and Initial Property Inspections
We leveraged our network to access off-market properties and conducted initial inspections, presenting only the most suitable options. Within a short search period, we identified a 3-bedroom apartment in Balmain that met the client’s criteria, offering over 100 sqm of internal space with potential for future renovations. Its location, within walking distance of shops, cafes, and the upcoming metro line, added value and convenience for her son. - Comprehensive Due Diligence and Market Analysis
For the identified property, we conducted thorough due diligence, covering market trends, property valuation, and renovation potential. This analysis provided the client with a clear understanding of the property’s long-term suitability and investment potential. - Strategic Negotiation Below Valuation
With a clear negotiation strategy, we engaged the agent to secure the property below market valuation, providing value and meeting the client’s budget requirements. Acting as a buffer between the client and agent, we ensured a smooth, low-stress negotiation and purchase process.
Outcome: Securing a Spacious, Conveniently Located Apartment in Balmain
Within a short search period, we successfully secured a 3-bedroom apartment in Balmain that exceeded the client’s brief. With over 100 sqm of internal space, high ceilings, and proximity to essential amenities, the property offered ideal long-term potential. The client inspected only one property in person—the one she ultimately purchased—thanks to our efficient and focused search process.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided access to unique property options that met her specific requirements, reducing competition.
- Comprehensive Due Diligence and Market Insights: Conducted detailed property assessments to confirm suitability for her son’s needs and future investment.
- Efficient Negotiation Strategy: Secured the property under market valuation, delivering strong value within the budget.
