Trixie and Mark
Trixie and Mark were looking for assistance in purchasing a home in Doncaster, which they could rent our for a few years before they moved in.
Referred by their accountant, Property Mavens were engaged to assess and negotiate a property purchase on their behalf to ensure their best interests were protected and to bid at auction to secure the property for them.
BRIEF
Owner Occupier/Investor - the client had already selected the property to purchase.
Their strategy was to purchase a a property to rent out, generating them an income until they are ready to move into the area.
OUTCOME
Purchased: at auction, $60,000 under Vendors reserve, we negotiated special conditions prior to auction to ensure the purchasers best interests were protected.
Also negotiated that the vendor would lease back the property f at the top of the market rental value.
Identified: no major concerns noted during due diligence period
Settlement outcome: awaiting settlement
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