Blue-Chip Detached Duplex

Mark is a secondary school principal with a keen interest in property investing. He appointed us to find him a modest, low-risk development – one where he could keep a completed dwelling for himself, and sell the rest to lower his debt exposure.

This was the first property we recommend to him, and he recognised it as a stand out immediately. It was recently rezoned to the neighbouring suburb whose median $ house price was 22% higher. The ceiling price for new construction resales in this superior address was much higher as well.

We purchased it at auction using a 2-bidder tactic. The price we paid was slightly higher than it would have been in the old suburb, but much lower than you’d expect in the new suburb.

Following the purchase, Mark appointed us to secure a planning permit, and we did so prior to him settling on the purchase: two detached, double story, 4bed/3bath, street facing houses with level backyards and downstairs master suites. We tendered the build, and a good local builder was appointed. He completed construction in 11 months.

Mark sold one dwelling brand new, and kept the other as an investment property.

He had some very nice words to say about our service afterwards: “Property Analytics found the site, completed a comprehensive feasibility study, negotiated the purchase at auction (at a great price), and assembled a professional team that completed the project from end-to-end. I’d gladly recommend Property Analytics to someone thinking about getting into property development.”