Kate's objective was to find an investment grade heritage property in line with her budget that she could use personally when in Melbourne and rent out as short stay accommodation, in the CBD.
- Investor - After determining a capital growth driven investment property to generate equity over the longer term and working with a strict budget, searching commenced for an investment within the CBD,
- Negotiated price: Purchased at auction at below market value
- Secured: In a prestigious and popular highly sought after location on the CBD, close to amenities
- Identified: No items of concern presented during due diligence period
- Settlement outcome: settled without any issue
- Additional: we introduced Kate to an interior designer and short stay accommodation business whom Kate engaged. She is now earning up to 8% yield per annum as well has using the property personally when required.
As an interstate buyer, I found Miriam and her team incredibly supportive and professional. I had looked at various places to purchase over the past 12 months but never had the time to commit to organising everything. This turned around in a matter of days once Property Mavens got involved.
What was particularly impressive was the respect that Miriam showed for my approach to these matters and my time limitations. There was nothing formulaic about the way she dealt with me whilst at the same time I always knew she had all the back up systems in place to enable this flexibility.
The final outcome was that Miriam and her team secured a great inner city apartment which absolutely fitted the brief. I would have no hesitation in recommending Property Mavens to anyone. Money well spent.
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