Why this site was chosen: High-growth region, quality building
Negotiation strategy: Understood the true value to be circa $2.8m and the Vendor cost price of $2.578m. We learned the vendor was keen to sell and settle quickly to fund an investment opportunity in Dubai and positioned quick DD and Settlement to facilitate this in return for a low offer.
Description/why/Xfactor: Attractive price at $3,440/ sqm for a two-year old, quality property when new units in the suburb are selling at $4,000 - $4,500/ sqm. Reduces investment risk whilst enhancing future capital growth.
