Roger's Journey
Roger is an ex pat living overseas who wanted to buy a high performing investment grade property to add to his portfolio.
BRIEF
- Investor - After determining a capital growth strategy and working with a strict budget, searching commenced in a high performing cluster of suburbs. Property Mavens was able to source and purchase the ideal property on his behalf in Yarraville prior to auction.
OUTCOME
- Negotiated price: market value
- Secured: before auction against strong competition, below budget and in the desired suburb
- Identified: no items of concern during due diligence period as the property was in excellent condition for its age
- Settlement outcome: The property settled with tenants already signed to a lease beforehand and able to move in straight away.
RETURNS
- Bought Oct 2014: $ 760,000
- Value Oct 2017: $1,150,000
- Capital Growth : 51.3% pa in 36 months
TESTIMONIAL
"Miriam is very knowledgeable within the Melbourne district with excellent industry contacts that she was able to leverage at the appropriate times.Would I use Property Mavens again as a buyers agent – yes is the easy & simple answer! "
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