Purchased Property


6/553 Elizabeth Street, Surry Hills

Helping a Downsizer Secure a Loft-Style Apartment in Surry Hills

Client Profile

Location: Surry Hills, Sydney
Buyer Type: Downsizer
Goal: Purchase a loft-style apartment with modern flair, natural light, and parking in the Inner City

Situation

Our client, a busy professional seeking to downsize, was looking for a modern, loft-style apartment in Ultimo, Surry Hills, or Pyrmont. Key requirements included:

Modern design with high ceilings and an abundance of natural light

Secure parking to support her work requirements

High-quality building with solid strata and long-term growth potential

Given her demanding schedule, she relied on us to handle property inspections, off-market access, and detailed due diligence to ensure a seamless process.

Challenges

The search for an ideal downsizer apartment in Surry Hills presented specific challenges:

Time Constraints: As a busy professional, the client needed efficient property selection and limited agent interactions.

Limited Stock Fitting the Brief: Finding a loft-style, modern apartment with high ceilings and parking within budget was challenging.

Strata and Building Quality: Ensuring a solid, high-quality building with long-term growth potential required thorough due diligence.

Our Approach

To meet the client’s needs, we focused on exclusive off-market access, efficient inspections, and a comprehensive due diligence process.

  1. Off-Market Access and Initial Property Inspections 3
    Leveraging our network, we identified off-market opportunities in Surry Hills, inspecting each property to assess its suitability before presenting options to the client. Within four weeks, we found a fully renovated loft-style apartment with high ceilings and abundant natural light, within budget and complete with secure parking.
  2. Thorough Due Diligence and Strata Review 
    For the identified property, we conducted an in-depth review of the strata report, building quality, and market position to ensure its suitability for long-term growth. This comprehensive due diligence provided the client with confidence in the building’s quality and investment potential.
  3. Negotiation Strategy for Off-Market Purchase 
    Acting swiftly, we entered negotiations with the agent and secured the property just before it was listed on the open market. By negotiating directly, we were able to purchase the property at a favourable price and avoid competition, streamlining the process for the client.

Outcome: Securing a Modern, Loft-Style Apartment Off-Market in Surry Hills

Within a four-week search, we successfully secured a renovated, loft-style apartment in Surry Hills that exceeded the client’s expectations. With high ceilings, ample natural light, and secure parking, the property provided an ideal blend of style and functionality, meeting her downsizing goals with long-term growth potential.

Key Benefits to the Client

  • Exclusive Off-Market Access: Provided unique property options, allowing the client to avoid competition and reduce stress.
  • Comprehensive Due Diligence: Conducted thorough assessments on strata, building quality, and market potential, ensuring confidence in the investment.
  • Efficient Negotiation Strategy: Secured the property off-market at a favourable price, streamlining the process and ensuring a quick turnaround.

Agents

Dan Grantham

Kyle Startin