John & Eliza #1
John and Eliza are ex pats currently living overseas who wanted to buy a high performing investment grade property to add to their portfolio. They were referred to us by their daughter.
BRIEF
- Investor - After determining a capital growth strategy and working with a strict budget, searching commenced in a high performing cluster of suburbs and we were able to purchase a property on behalf of our clients in the popular Melbourne suburb of West Footscray.
OUTCOME
- Negotiated price: market value
- Secured: off market, this particularly unique investment grade property included a self contained studio
- Identified: no items of concern presented during due diligence period
- Settlement outcome: The property will settled with the vendors signing a lease to remain in the property.
- Client testimonial:
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"Miriam was super efficient in shortlisting a few listings for our consideration. After some deliberations, Property Mavens zeroed into a property that ticked all boxes. With much skill, incisiveness and decisiveness, she managed to negotiate a deal off market at a reasonable price thereby obviating the need to go through the uncertainty of an auction.
This unique property will start earning a high rental yield for us from day 1, as the vendors will be our first tenants in a sale and lease back arrangement.
Instead of extolling Miriam’s long list of virtues, suffice it to say that no sooner had we closed the deal (the ink wasn’t even dry yet!) than we commissioned Property Mavens to find our next investment property!”
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