We had already worked with Miranda as a buyers advocate (in her owner occupier and investment property portfolio) purchasing properties in both the Ballarat and Melbourne markets so she re-engaged our services to buy her a 4th property.
Investment - To buy for capital growth with ability to add value via cosmetic update and strong yield
Negotiated price: at market value with a high (metro) 5% yield
Secured: before auction under competition
Identified: $2,000 in hidden property repairs during due diligence period
Settlement outcome: Settled with a tenant in place
Client testimonial: "this is the 4th property the Property Mavens team has researched, sourced and negotiated successfully for me. Its a fantastic house with separate studio and earns great rent ! It has taken away the time and pain of doing it myself so , I have no hesitation in recommending Property Mavens as a trusted and professional buyer's agency. I look forward to working with them again on my 5th purchase
Bought May 2017: $700,000
Value June 2021: $980,000
40% capital growth in 4 years
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