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Just Purchased! Duplex Pair Southern Gold Coast

Posted By Nicole Marsh  
26/10/2018
15:00 PM

JUST PURCHASED: Duplex Pair $140,000 below asking price!!

 

It took 12 months to come to fruition but Congratulations to Richard and Candy who just settled on this great little find at the southern end of the Gold Coast, just 300m to the beach!

 

Purchased: September 2018

 

Client: Originally hailing from NZ

 

Location: Beachside Southern Gold Coast

 

Original Advertised Price: $1,250,000 - then dropped to $1,100,000+

 

Clients Budget: $1,100,000

 

Our Purchase Price: $960,000

 

The Client: I originally met with Richard and Candy 12 months ago, nearly to the day. At the time were looking at selling up in New Zealand and relocating to Australia. Once here, and deciding on the highlands of QLD as their new home, they decided they'd like a 'weekender' by the beach. Somewhere they could come, bring their dogs, add some value to and look at potential Air BnB down the track. Coming from NZ, and just not knowing the Gold Coast well enough, they wanted to tap into my 22+ years local knowledge and 12+ years as a buyers agent.

Once I'd taken them on as clients, we sourced and secured this property within six weeks on their behalf - a deceased estate that ticked ALL the boxes.

 

The Property: A duplex pair on one title built early 2000's with scope to add value through either redeveloping down the track or renovation. Also with the option to be strata-titled, and on sell one of the duplexes for a tidy profit and retain the other. Just 300m to the beach, there will be plenty of capital growth upswing over the coming years.

 

Clients Savings: Knowing the agent well, we challenged them on the 'Listing Price' which far exceeded where the property's value sat. Being a deceased estate, there were a number of family members involved in the selling decision who just didn't understand the market and pricing - so the property sat for sale for some time.

Undertaking my usual research and due diligence, and armed with the insights into the situation, I was able to fashion an offer accordingly - which saw these buyers able to secure their perfect property at the right price! - some $140,000 below list price.

 

Find out what a buyers agent can do for you! Call me today on 1300 520062

 

At Eureka Buyers Agents WE FIND. WE NEGOTIATE. YOU SAVE!