Fiona & Marcus's Journey

Referred by their financial planner, Fiona & Marcus wanted to develop a property portfolio within their SMSF.

BRIEF

• SMSF Investor -  After determining a capital growth strategy and working with a strict budget, searching commenced in a high performing cluster of suburbs.  As property advocates, Property Mavens successfully negotiated to purchase a property off market below budget for their client in the sought after Melbourne suburb of Flemington.

OUTCOME

• Negotiated price:        market value
• Secured:                      off market, below budget and in desired suburb
• Identified:                    $2,000 in hidden property repairs during due diligence period
• Settlement outcome:  Repairs were attended to by the vendor due to the strict contract clauses we used and the additional negotiations we attended to on behalf of our client.  
•  
• Testimonial:  I cannot recommend Property Mavens highly enough as a property Buyers agent and investment advisor. Miriam took all the pain away in buying property and her attention to detail, intricate property knowledge and advise on investment was outstanding . She is easy to deal with, accessible and helpful at all times. I would definitely be using Miriam again for any property purchase."

RETURNS

• Bought Dec 2014:  $ 745,000
• Value    Oct 2021:  $1,150,000
• Capital Growth :    65% capital growth in 6 years

WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?

As professional property buyers we know the difference between a bad property and a good one and where to buy to generate the strongest return on your money. 

If you would like help to identify an ' investment grade' property like this one,  whether it’s a family home or an investment property and you’re ready to get started, click here to book a time to discuss your requirements.

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