Investment Property Type: 3 bedroom House
Reason for Purchase: Investment
Investment Property Location: Hawksley Street, Waterloo,
Buyer’s Scenario
This client wanted to secure an investment that they may one day use as their home, so high quality and a premium location were at the top of the list, along with great value.
A classic freestanding Victorian cottage that had been restored and renovated to a high level was found. This property has further upside potential in the future, and has a walkscore of 95/100.
Buyers Agent’s Solution
We acted quickly to canvass our database and secure the property before auction, negotiating late into the night before contracts finally exchanged, at a price below what the bank valued it just days later.
Our pre-auction strategy can be vital to successfully securing a property, away from keen buyers with competitive budgets.
Buyer’s Comments
“After looking for a property for nearly a year, within four weeks of meeting Frank Russo I had found one. His connections with real estate agents and his ability to negotiate were a powerful combination that allowed me to secure an investment property at below market”.
Jianni Bercich
Home Buyer / Property Owner
