Client Profile
- Location: Cammeray, Sydney
- Buyer Type: Owner occupier
- Goal: Purchase a spacious, low-rise apartment with water views, suited for entertaining, close to shops, cafes, and transport
Situation
Our client, a professional who hadn’t purchased a property in over 25 years, was looking to resize into a low-rise apartment with:
- Water views and a spacious floor plan for hosting guests
- Proximity to public transport and amenities for convenience
- A quiet, private location in the Lower North Shore, focusing on areas from Cremorne Point to Cammeray
With limited stock and specific requirements, she engaged us to handle the search, conduct inspections, and manage the negotiation process.
Challenges
The search for an ideal apartment in Cammeray presented unique challenges:
- Competitive Market and Limited Inventory: Properties with large layouts, water views, and quiet locations were scarce and in high demand.
- Time Constraints: As a busy professional, the client needed efficient property selection, with minimal time spent on inspections.
- Haven’t Purchased in Decades: The client required expert guidance through the updated buying process, including understanding strata and due diligence requirements.
Our Approach
To meet the client’s needs, we focused on off-market access, targeted property inspections, and strategic negotiation.
- Exclusive Off-Market Search
Leveraging our network, we gained exclusive access to two off-market properties in Cammeray. This pre-market access allowed the client to be the only prospective buyer, giving her the advantage of choosing without competition. Both properties met her requirements for a large, private layout with water views and close proximity to local amenities. - Detailed Due Diligence and Property Assessment
After identifying the preferred property, we conducted comprehensive due diligence, including ordering and reviewing the strata report. The property’s layout, water views, and low-turnover history (only three sales in the past 10 years) assured long-term suitability and stability for the client. - Strategic Negotiation with Cooling-Off Period
Given the property’s off-market status, we secured it under a cooling-off period, allowing time to complete due diligence and ensuring the client could make an informed decision without rush. This strategic approach provided peace of mind and flexibility in the final decision.
Outcome: Securing a Spacious, Private Apartment with Water Views Off-Market
After a short, efficient search, we secured an oversized apartment in a quiet low-rise block with water views and an ideal layout for entertaining. By acting swiftly and strategically, we ensured a seamless purchase that aligned with the client’s long-term needs.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided access to high-quality properties without competition, allowing the client a relaxed choice.
- Comprehensive Due Diligence and Flexibility: Conducted thorough checks and arranged a cooling-off period, ensuring an informed, low-stress decision.
- Efficient Negotiation Strategy: Secured the property on favourable terms, allowing for a seamless transition into a long-term home.
