Highgate townhouse sells for $70k more than its comparable in the same complex

Highgate townhouse sells for $70k more than its comparable in the same complex

The sale of this Highgate townhouse is proof that your property aspirations can be achieved with a considered and strategic approach.

The client’s expectation on price was slightly above market value, with the most recent townhouse in the same complex selling for $270,000.

Given the property’s state of improvements and it being tenanted, Chris advised his vendor that it was better to wait and make minor renovations, stage the property, and market it while empty to ensure its presentation was immaculate; ultimately providing a higher chance of the client achieving their aspirational sales price.

Entrusting Chris’ advice, the townhouse underwent a $17,000 renovation to transform the interior layout and design.

Having significantly improved the property’s tenant appeal, the townhouse offered landlords an above average potential yield – and as a result, the property was purchased by an overseas investor for $350,000.

It was paramount the client’s investment in renovations was recouped through the sales price – and with a goal of $320,000, the additional effort made to prepare the property to sell paid off.

The vendor commented that he had a long-standing relationship with Realmark, and Chris well and truly delivered on his expectations of professionalism and expertise.

“The service provided by Chris was professional, efficient and demonstrated his thorough understanding of the industry,” he said.

“I would have no hesitation in using Chris’s services in the future. I’m now working with Chris to find a property for my son.”

Chris is an agent who takes the time to understand his client’s goals, and each strategy is tailored to achieving each individual’s aspirations. If you’re looking for advice, or would like to discuss listing your property with Realmark, speak to Chris today on  0448 777 511 or email cpham@realmark.com.au.