Client Name:
Vicki
Client Occupation:
Music Composer
Client Location:
Sydney, Australia
The Brief:
Our client wanted to buy a new apartment in Sydney's CBD. It couldn't be any old apartment, it needed to be the best in the country. Primarily the client wanted first and foremost a positively geared property to supplement their income. They were also looking for strong tax depreciation possibilities.
Purchase Reason:
Investment
Property Address:
Chippendale, NSW
About The Property:
2 Bed / 1 Bath / 0 car - 84m2
One Central Park, Sydney's premiere high rise apartment block winning all the awards under the sun both locally and internationally. Walking distances to Central station, Chinatown, University of Technology Sydney, Sydney University, Broadway shopping centre. Bus stop to City, Pyrmont, Glebe, Newtown and Surry Hills on the doorstep. Lux designer bedroom with built-ins, chic designer bathroom and well appointed modern kitchen. The complex comes with 24/7 concierge & security and facilities such as Central Park entertainment deck with BBQ, jacuzzi, pool, gym, sauna and shopping mall.
• On the doorstep to Sydney's CBD
• 250m (3min walk) to Central station
• Across the road from University of Technology, Sydney and 15min walk to Sydney University
• Kensington Street dining precinct adjacent to the building
• 23mins walk to Pitt St mall (centre of Sydney CBD)
• Multi global award winning building (click here for full list)
Purchase Price:
$865,000
Purchase Method:
Private Treaty
Rent:
$850/wk
Gross Rental Yield:
5.11%
Our Services:
• Detailed brief and confirmed requirements with a reverse brief to the client
• Identified key apartments that matched the client's brief
• Presented research findings with our recommendations
• Commenced search and viewed properties on behalf of our client
• Presented recommended properties with the key information
• Negotiate purchase price on behalf of the client
• Liaised with the client's solicitor and mortgage broker on the transaction
• Recommended and worked with the managing agent to secure a quality tenant