26 Seddon St, Ivanhoe VIC 307926 Seddon St, Ivanhoe VIC 3079Price: $2.135mm
Jim is a long-time client. Like many of our clients, he’s a successful medical practitioner who’s done very well with property over the years.
He works crazy hours and wanted to build a family where his family can spend quality time together. He knew the area he wanted to build in, and sought our help to find and analyse suitable sites. A key priority was to ensure that he didn’t overcapitalise (e.g. spend more on land + build than the end market value).
The neighbourhoods within the suburbs he liked are very tightly held, so a big part of our job involved reaching out to local agents to flush out good off-market opportunities.
We eventually zeroed in on an ideal off-market block in his #1 area. The numbers stacked up, and the build concept was safe. Negotiation was challenging, with vendors who continually tried to change the goalposts and backtrack on previous ground. We secured it eventually for just below his budget.
He says nice things about us: “I have completed a project with Andrew in Melbourne and I highly recommend his services. He has in depth knowledge of the market and knows the process of development inside out. He will be able to assist with as much or as little of the entire process as you wish, depending on what your requirements are for your particular project. He is honest and hardworking. You always get to talk to him directly if he’s managing your project.“
Tightly held, highly affluent eastern suburb, close to everything
Slightly sloping rectangular 607m2 with ROW
Old well cared for brick veneer
$2.135m
up to $2.150m
Bought Off-Market
4 months
$800 /week
2.0% gross
House $2.107m | Unit $0.640m
7.1% p.a. over last 10 years
Luxury class, quiet street, heritage homesteads neighbours, walk to everything
Ideal location, perfect block dimensions, brand new neighbouring houses, highly affluent
Model new home potential
26 months from purchase to move in
confidential
confidential
confidential
confidential
confidential
Family Home N/A
$1.635m
$0.820m
$2.000m
$1.100m
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“Andrew is pleasure to work with and is great at his job. He is diligent, efficient and communicates in a timely manner. Very professional, trustworthy and importantly has sound judgement regarding property matters. Highly recommended.”
“It has been pleasure working with Andrew. Very experience and knowledgeable in the development space. We were able to secure a suitable development site very shortly after engaging him.”
“Andrew Stone has helped immensely with my first investments and developments in the Melbourne market. He marries a high level of industry expertise with commercial common sense and a practical approach. His understanding of the planning process is second to none and has helped to save money and time.”
“We would like to thank Andrew for his guidance on our journey to purchasing our home. Throughout this process, Andrew had been very patient, receptive and understanding of our needs, and responded to our questions without hesitation or judgement. We couldn't recommend him enough!”
“Every encounter with Andrew, regardless of what assistance I required, was one of honesty, integrity and efficiency. I would highly recommend Andrew and Property Analytics to friends and family without hesitation.”
“We've completed 2 projects with Property Analytics and have been thrilled with the level of expertise and friendliness of the business. We look forward to adding more projects in the future.”
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“Walking 'in off the street' one day, I was instantly taken by Andrew's knowledge, enthusiasm and no-nonsense approach to property and development in the Melbourne market. I wouldn't hesitate in recommending Property Analytics.”
“Andrew has proven himself as extremely professional, reliable and acts with the highest integrity. Recommend to anyone looking to make their next move in property.”
“Property Analytics knows the Melbourne real estate market very well. Andrew continually provides us information on emerging trends and important market conditions, and explains statistics in simple language that people can understand.”
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