Purchased Property


2/20 Kings Road, Five Dock

Returning Client Secures Off-Market Apartment in Five Dock

Summary
In just 4 weeks, Grantham Buyers Agents helped a returning client secure a smart off-market investment in Five Dock.
The apartment was purchased $100,000 below comparable sales, with dual parking, oversized storage, and future uplift potential thanks to the upcoming Five Dock Metro.

The Brief
The client was a returning buyer looking for an investment-grade apartment with value-add potential.
They wanted:

– A boutique building with strong long-term growth fundamentals
– Proximity to key infrastructure for future capital growth
– A quick, low-stress purchase process with expert guidance

Our Approach
Throughout the process, the client only inspected 3 properties total
When we identified an ideal off-market apartment in Five Dock, we acted quickly:

– Viewed the property on Saturday
– Completed full due diligence over the weekend and exchanged by Tuesday

By leveraging our relationships, we were one of only two buyers to inspect the property off-market.

The Property

– Boutique low-rise apartment in Five Dock, with two secure car spaces
– Cosmetic renovation opportunity for value uplift
– Quiet location walking distance to the future Five Dock Metro (2032)

 

The Result

– Off-market property secured in just 4 weeks, $100k below comparable sales
– Strategic location with long-term growth potential
– Cosmetic uplift opportunity with dual income or resale flexibility
– Returning client supported with streamlined advice and efficient execution

https://www.granthambuyersagents.com.au/should-you-buy-near-the-new-sydney-metro/

Frequently Asked Questions

Is Five Dock a good suburb to invest in long-term?

Yes. With the new Metro line arriving by 2032, Five Dock is becoming a highly desirable suburb — especially for buyers prioritising infrastructure and connectivity.

Can I add value to an investment property with cosmetic renovations?

Absolutely. In this case, the apartment had strong fundamentals and the ability to unlock additional equity with light upgrades — a classic value-add play.

Why are off-market opportunities better for investment buyers?

They offer less competition, more negotiation leverage, and often better pricing — especially when you’re ready to act quickly with due diligence complete.

How fast can you secure a property off-market?

In this case, we inspected on a Saturday and exchanged contracts by the following Tuesday. With clear brief alignment and due diligence support, fast turnarounds are possible.

Agents

Dan Grantham