Client Name: 
Withheld

Client Occupation: 
Analyst, ExxonMobil & Project Manager ExxonMobil

Client Location:
Doha, Qatar

The Brief:
Our clients were looking for a residential investment in Melbourne’s Inner West. Their brief is broad and includes looking for a house, block of units, villa or land, that allows for the existing property to be leased, renovated or for the site to be developed. They want to build on their existing property portfolio and have been looking on and off for a number of months. 

Purchase Reason: 
Investment property

Property Address: 
Newport, VIC

About The Property: 
Vacant block of land - 358m2

This vacant block sized at 358m2 is prime residential land with town planning approval for a three bedroom family home. Located in one of Newport's blue-chip, tree-lined streets and only minutes' walk to the train station, shops, cafes, schools and The Strand waterfront.

• 12.8km to Melbourne CBD

• Multiple shopping centres in close proximity

• 20mins by train to Flinders St stations

Purchase Price:
$1,195,000 

Purchase Method:
Purchased prior to auction

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

• Presented cash flows and the cost to build the property as per approved plans

• Negotiate purchase price on behalf of the client

• Undertook strategies to acquire the property prior to auction

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