Client Name: 
Daniel and Rebecca

Client Occupation:
Airline Manager

Client Location:
Abu Dhabi, UAE

The Brief: 
Originally from Australia, our clients from Abu Dhabi are beginning their investment property portfolio journey. Milk Chocolate have built a strategic model that outlines the best options to growing their property portfolio.

Purchase Reason:
Investment Property

Property Address: 
Ballarat, VIC

Purchase Price:
Undisclosed

Purchase Method:
Private Treaty

About The Property: 
3 Bed / 1 Bath / 2 Car - 632m2

At first glance, this home presents as a tidy, albeit unremarkable 50s cottage. What it does have going for it is a smart internal renovation. More importantly, the size of the block presents a good opportunity to unlock value by extending at some point.

Internally, the home features a small entry lobby, off which there are three good sized bedrooms and the bathroom. Moving to the rear of the house, there’s a compact but functional open-plan kitchen/dining/lounge zone which opens via sliding doors to that large, grassed back yard.

The renovation has been tastefully done and features polished timber floors throughout, some nice period detail (decorative cornices and ceiling detail, fireplace), along with a split system aircon. Outside, there’s a large tin shed, half of which is a garage and the other half a workspace and storage area currently configured as a man cave.

• Strip of local shops directly opposite subject property

• Ballarat Central is located only 2.5km away

• Ballarat Station is only 3km away

• Large, flat block (632m2)

• Recently renovated internally

Our Services:

• 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

• Negotiated the purchase price on behalf of the client

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

• Undertook extensive building inspections

Did we renovate:
No