Client Name: 
Fiona White-Raison 

Client Occupation:
Legal Counsel   

Client Location:
Abu Dhabi, UAE

The Brief: 
Fiona had been searching for three months for her next investment property before contacting Milk Chocolate. The brief was an investment grade apartment that Fiona could hold for the foreseeable future with a high rental yield and capital growth in the long-term. Fiona needed someone on the ground in Australia to make this happen. 

Purchase Reason: 
Investment property

Property Address: 
Canberra, ACT

About The Property: 
1 Bed / 1 Bath / 1 car - 67m2

This is a well-established apartment constructed to a high standard/owner-occupier spec with district views in a well-maintained complex. The street is a mixture of low rise apartment complexes, villas, and beautiful heritage style detached houses. The apartment is in a central location, a stone's throw to major shopping centres, renowned restaurants, bars, cafes, amenities, the new light rail under construction and the city centre.  

  • 10min walk to light rail stop currently under construction

  • 8min walk to the major shopping district

  • 15min walk to the city centre

  • The area is experiencing major gentrification and infrastructure projects

  • Existing long-term executive lease in place

Purchase Price: 
$372,000

Purchase Method: 
Private Treaty

Did We Renovate: 
Not required 

Rent: 
$420.00/wk

Gross Rental Yield: 
5.86%

Our Services:

  • Detailed brief and confirmed requirements with a reverse brief to the client

  • Presented research findings and suburb due-diligence with our recommendations

  • Commenced search and viewed properties on behalf of our client

  • Presented recommended properties with the key information and cash flows

  • Negotiate purchase price on behalf of the client

  • Liaised with the client's solicitor and mortgage broker on the transaction

  • Undertook extensive strata and building inspections

  • Recommended property managing agent

Testimonial: 
"Extremely happy and impressed with Milk Chocolate's services. Their research was comprehensive and relevant. Their contact with myself and service providers was considered and proactive. They answered my brief successfully. They were my eyes and ears on the ground when I could not be in Australia myself. I will definitely purchase another property through Milk Chocolate and recommend them to any other expat investors."
 

 


 

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