Client Name: 
Hayden & Janine 

Client Occupation:
Aircraft Engineer / Learning Support Assistant  

Client Location:
Dubai, UAE

The Brief: 
Hayden and Janine want to build a diverse property portfolio and commissioned Milk Chocolate to purchase their first investment property. They wanted to be guided throughout the process on the best areas to purchase in, the best property to purchase, take away the stress, negotiate the best purchase price and have Milk Chocolate as their eyes and ears on the ground. They didn't have a view on the property type or area, it was about finding the best property for investment growth.

Purchase Reason: 
Investment property/commence property portfolio

Property Address: 
Ballarat, VIC

About The Property: 
4 Bed / 1 Bath / 2 car - 608m2

The first thing we noticed on approach to the property are the houses and the street itself, it's exceptionally tidy and clean with all houses well kept and maintained. There are noticeable signs of owners renovating throughout the area, an obvious sign of owner-occupiers. The property itself is quaint and elegant - it still talks to its past, however, leaves plenty of room for improvements in the future. 

• 650m to prestigious Ballarat Grammar

• The next suburb to experience the ripple effect in gentrifying Ballart

• 4min by car to suburb marketplace

• On the train line, with commutable access to the Melbourne CBD

Purchase Price: 
$340,000

Purchase Method: 
Private Treaty

Did We Renovate: 
The potential to in the future

Rent: 
$300.00/wk

Gross Rental Yield: 
4.58%

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 a full renovation feasibility

• Presented extensive data to show the potential of the property post-renovation

• Recommended property managing agent