
πSYDNEY, NSW - 2 Bed 2 Bath Medium Density Apartment
βοΈ Off Market Purchase for $493,000
βοΈ Purchased $22k-$57K Under Market Value
βοΈ Comparable Sales range from $515K to $550K
βοΈ In a prime location - few mins walk to hospital, shops, train station etc.
This property ticked all the client’s needs - as part of one of the First Home Buyer schemes, it is required for the purchaser to move in the property within 12 months of settlement, and then live in the property for 12 months. The client is a nurse and this allowed her a short walk to work as well as investing in an under market value property with long term growth prospects. This particular property is located in a very underrated area not subject to the over-saturation apartments can sometimes have.
CLIENT STORY:
This client was a First Home Buyer who were overwhelmed by trying to do the property sourcing process themselves. Through a recommendation, they decided to use The Property Arena - an experienced buyer’s agency to provide them with a complete “end to end” service - this minimised their stress and gave them back time as they didn’t need to attend open homes, inspections or deal with multiple real estate agents.
Since purchasing this property a few months ago, they have bought their 2nd property through The Property Arena - an interstate investment!
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