Summary
A returning client asked us to assess their CBD investment portfolio and recommend which properties to sell. One of the selected properties on Regent Street came with some serious challenges, including a large special levy and recent fire damage in the ground floor commercial premises. With the right preparation and guidance, the property sold within 7 days of hitting the market.
The Brief
The client owned several CBD apartments held as investments. We were engaged to:
– Review the portfolio and provide sale strategy recommendations
– Identify which properties could be sold in the short term based on tenancy, location and buyer demand
Our Approach
Despite the special levy and recent fire incident at the ground floor commercial premises, we recommended selling the Regent St apartment first.
We:
– Appointed a trusted inner-city agent who specialises in strata sales
– Organised paintwork, handyman updates and professional styling
– Provided all relevant documents and risk transparency to pre-empt buyer objections
The Result
– Sold at the top end of the price guide
– Exchanged within 7 days of going live
– Achieved in a market where the average days on market is above 90
– A smooth, fully guided experience for the vendor — from start to finish
