Theo's Journey
Theo was looking for independent, unbiased guidance and support when purchasing his first investment property and found Property Mavens to be the ideal buyer's agents.
BRIEF
- Investor- To buy where the best opportunity for capital growth would be within 9kms of the Melbourne CBD and working to a tight budget and purchased a property on behalf of our clients in the sought after suburb of Pascoe Vale
OUTCOME
- Negotiated price: $50,000 below market value
- Secured: bought below the vendors reserve at auction
- Identified: no items of concern presented during due diligence period
- Settlement outcome: per contract terms
RETURNS
- Bought June 2015: $470,000
- Value Oct 2017: $700,000
- Capital Growth : 48.9 % growth in 30 months
CLIENT TESTIMONIAL
Within five weeks of engagement and at most 10 hours of time looking at properties, we successfully acquired a house which went over and above our requirements, for less than we expected to spend, for approx. $50,000 less than the property was worth.
The process was very simple for us and we were just very lucky!
So for the money it cost us, we not only received the peace of mind we were after but saved on a significant amount of time and money in the process. It was also made that bit easier by Miriam being able to assist with trusted contacts for all the required services required (property inspections, conveyancer, property manager)
I can’t recommend Property Mavens buyers advocacy service enough for anyone looking to purchase a property. I could never justify doing any other way now, especially given our result.
This holds especially true if you are: Looking to invest, Short on time, risk adverse, have little experience in purchasing properties, have little contacts in the area you are purchasing or just need that push to get started with buying a property.
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.
It’s 100% obligation free
