Nicola and Mike's Journey

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

BRIEF

SMSF Investor - After determining a capital growth strategy with the ability to renovate at a later stage and working with a strict budget, searching commenced in a high performing cluster of Melbourne suburbs.
Property Mavens was able to purchase a property for our clients under budget in the Melbourne suburb of Ascot Vale to add to their SMSF

Buyer agent; Property investment in Melbourne

OUTCOME

Negotiated price: Under budget
Secured: bought at auction against strong competition at fair market value
Identified: no identified issues of concern during due diligence period
Settlement outcome: Settled
RETURNS
*ASCOT VALE
Bought Sep 2015: $820,000
Value Oct 2017: $975,000
Capital Growth : 18.9% capital growth in 26 months

CLIENT TESTIMONIAL

We were very happy with the services provided by Miriam and her people. They were able to find an investment property for us to purchase for our Superannuation Fund in about a week. We had already been looking for some considerable time and Miriam was able to source what we wanted in a great location. We are happy that it will be a valuable asset for our retirement in the not-too-distant future. Property Mavens also successfully bid for us at the auction taking much of the stress out of the process for us. Their services are not cheap but we consider that it was money well spent!

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