Client Profile
- Location: Seaforth, Sydney
- Buyer Type: Developer, repeat client
- Goal: Purchase an off-market site suitable for duplex or knockdown/rebuild development with a delayed settlement
Situation
Our developer client required a large, flat block in Seaforth that would serve as the foundation for his next project. The criteria included:
- North-to-rear orientation on a family-friendly street, ability to build via CDC process
- A minimum of 800 sqm to accommodate duplexes or single-family homes
- Proximity to major shops, schools, and local amenities
Challenges
The search for an ideal site in Seaforth presented specific challenges:
- Tightly Held Area
- Time Constraints
- Competitive Price Point
Our Approach
To meet the client’s needs, we focused on off-market access, comprehensive due diligence, and a tailored negotiation strategy.
- Off-Market Search and Agent Relationships
- In-Depth Due Diligence and Highest-Use Analysis
- Direct Negotiation with Vendor for Exclusive Terms
Outcome: Securing Dual Properties for Flexible Development Options
Within two weeks, we successfully secured two adjacent properties in Seaforth with north-to-rear orientation, meeting the client’s specifications for site size, development potential, and location. The dual-site acquisition opens multiple development opportunities, from duplexes to single-family homes, providing the client with valuable flexibility for his project.
