As investments in residential property go, it’s difficult to buy better than an established home with character, on a large block of land. A quiet side street close to shops and transport is a bonus! Our client who has purchased through Renowden Buyers Advocates previously is delighted to have secured this property which is rentable as it stands, but offers flexibility to one day become a fabulous new home site or a generous allotment to accommodate three luxury town houses. That’s the beauty offered with this type of real estate.

Property markets goes through different stages over time, but a home on good land offers the best protection and broad general appeal to the property investor, given the range of possible uses it may provide to different classes of buyer down the track. In this instance, the home was scheduled for auction. Feeling the market conditions suited an offer prior to auction, we proceeded down this pathway and secured the home for an excellent price. As it happened, we were the only strong contenders vying for the home and we were able to take strong advantage of this situation.