Some properties stand out and some redefine what a strategic purchase looks like. This achievement belongs in the second category. It is the perfect demonstration of how smart timing, confident negotiation and the right expertise can produce an outcome that truly sets a new benchmark.

We secured an off market duplex in one of the most competitive pockets of WA. Another buyer’s agent had already submitted an offer of one million fifty thousand dollars. Through faster action and stronger negotiation, we secured the property at nine hundred eighty five thousand dollars. A result that immediately placed our clients in a position of advantage.

From the very first day, the property performed exactly as a high quality asset should. The front home includes three bedrooms, one bathroom and two car spaces. The rear home also includes three bedrooms, one bathroom and two car spaces. Together they sit on eight hundred ten square metres of land.

Both homes are already tenanted which means rental income begins immediately. The combined rent reaches one thousand four hundred dollars per week with seven hundred fifty dollars from the front home and six hundred fifty dollars from the rear. The current rental yield stands at an impressive seven point four percent.

Where this opportunity becomes truly exceptional is in the undeveloped rear section. The block includes a two hundred sixty square metre area supported by a one hundred square metre driveway. The previous owner has already lodged a subdivision application with WAPC for a three bedroom two bathroom home. Once approval is granted, the possibilities become outstanding.

The block can be sold separately for approximately three hundred thousand dollars. Alternatively a new home can be built for approximately three hundred thousand dollars and then sold for approximately seven hundred fifty thousand dollars. Investors may also choose to keep the new build and generate an additional seven hundred dollars per week in rental income.

We are extremely proud of this success and grateful for the trust placed in us. Results like this are not just wins. They are reminders of what the right guidance can achieve for the right buyer.