Client Profile
- Location: Chatswood, Sydney
- Buyer Type: Investor
- Goal: Purchase a spacious 2-bedroom apartment with a high rental yield and secure strata for long-term investment
Situation
Our investor clients had a specific set of requirements for an investment property in the Lower North Shore:
- Close proximity to transport for city access and tenant convenience
- Low-rise building with strata rates under $1,500 per quarter
- Rental income over $900 per week to meet investment yield goals
- Quiet street location with a two-bathroom layout
As busy professionals, the clients relied on us to handle the search, conduct thorough due diligence, and secure a property that would provide long-term security and value.
Challenges
The search for a high-quality investment property in Chatswood presented unique challenges:
- High Demand in Competitive Price Range: Finding a spacious apartment with high rental income potential required exclusive access to limited stock.
- Strict Investment Requirements: The clients’ need for specific rental yields, strata conditions, and layout limited the available properties.
- Time Constraints: As time-poor investors, the clients depended on us to manage inspections, agent interactions, and due diligence.
Our Approach
To meet the client’s needs, we focused on off-market access, detailed property inspections, and strategic negotiation.
- Off-Market Access and Targeted Property Inspections
Leveraging our network, we gained exclusive access to an off-market apartment in a tightly held building in Chatswood. This top-level, north-facing apartment met the clients’ requirements, with a sizable sinking fund of over $750,000, providing financial security for long-term investment. We conducted initial inspections and presented only the most suitable properties, minimizing time commitments for the clients. - Comprehensive Due Diligence and Market Analysis
For each property inspected, we provided detailed due diligence, including strata reviews, market rental analysis, and valuation. Our insights helped the clients assess the long-term value and financial stability of the building, reinforcing the suitability of the property. - Strategic Negotiation Below Market Valuation
With a clear negotiation strategy, we engaged directly with the agent to secure the property well under valuation. This approach ensured the clients could maximize rental yield while staying within budget, providing an exceptional investment opportunity that exceeded their brief.
Outcome: Securing a High-Yield, North-Facing Apartment Off-Market in Chatswood
After a targeted search, we successfully secured a spacious, top-level apartment in Chatswood with north-facing orientation, high rental potential, and substantial strata security. The property’s location within walking distance of transport and shops makes it ideal for tenants, ensuring long-term demand and financial returns.
Key Benefits to the Client
- Exclusive Off-Market Access: Provided unique access to high-potential properties without competition, ensuring a seamless transaction.
- Comprehensive Due Diligence and Valuation: Conducted thorough assessments to confirm the property’s stability and long-term suitability.
- Efficient Negotiation Strategy: Secured the property below market valuation, maximizing value for the client’s investment.
