Aaron and Nicolas
Executive Management - Google
We were tasked to find our client’s home in Sydney, that meets all of their needs. Their dream property would be in the inner Eastern suburbs, a terrace with great character that can be rented immediately and then turned into their home before they return. We were briefed to find the property that meets their criteria, planning regulations that allow for their desired renovation, negotiate the best purchase price, and be their eyes and ears on the ground for this purchase.
Eventual principal place of residence
About The Property:
3 Bed / 1.5 Bath / 0 car - 114m2
This terrace ticked a lot of boxes, was completely renovated and currently leased. The renovation was tasteful and to a quality standard, the rear of the property takes advantage of the 8.6m land width. A quick walk to the to bars, restaurants, and amenities of Sydney's Oxford St and the Moore Park light rail stop currently under construction.
12min walk to Five Ways, Paddington
17min from the front door to Sydney CBD via public transport
The area is experiencing major infrastructure projects
Existing long-term executive lease in place
Did We Renovate:
Detailed brief and confirmed requirements with a reverse brief to the client
Commenced search and viewed properties on behalf of our client
Presented recommended properties with the key information and cash flows
Presented town planning advice and renovation costs per property
Negotiate purchase price on behalf of the client
Liaised with the client's solicitor and mortgage broker on the transaction
Undertook extensive building inspections
Recommended property managing agent
"We’re not easy customers. Living in Singapore for 8 years, the two of us are originally from Sydney and Kuala Lumpur, with a very specific criteria when it came to hunting for our forever home in Sydney. That alone posed its own set of challenges: foreign stamp duty, cross-border mortgage, house inspections from abroad, FX pressures on the Aussie dollar, manual processing of legal and bank documents, snail mail (!) And did I mention one of us is super impatient, a little impulsive and emotionally over-invests in every property within 200 metres of Paddington’s Five Ways?
Obviously, we needed help. A friend recommended the boys from Milk Choc after sharing the woes of our plight. And after a quick intro to Richie and Michael, the ball was rolling. Over the course of about 5 months, the boys took us through over 15 properties in our no.1 preferred neighbourhood of Sydney’s Paddington. This was through a combination of virtual tours, last minute inspections when one of was in town on business, representing us at 3 separate auctions, and even took the time to drive around new neighbourhoods filming the streets to give us a sense of the ambient sounds and atmosphere of lesser known streets and communities. Nothing was ever too much, connecting around the clock to keep us in the loop on every update; even acting as marriage counselor on a couple of occasions. The boys always made us feel heard and understood, staying laser-focused on our brief, while consistently offering alternative points of view to help us think more broadly about all of our options.
In the end, they nailed it. They found our perfect house, in the perfect neighbourhood, on the perfect street. From negotiating with estate agents, engaging with local council on planning regulations, costs associated with potential renovations, managing our mortgage broker, even leading conversations with multiple legal, taxation and accountant teams, the boys quarterbacked the entire process and we couldn’t be more grateful!"