Lilyfield, NSW 2040
Type of Property: Townhouse
Reason for Purchase: Investment Property
Address: 2/12a Leys Avenue Lilyfield, NSW 2040
Property Journey:
The client was a very busy corporate who had been referred to Cohen Handler after putting off her investment search. She was in a great position to invest in property as a means of building her portfolio and accumulating wealth but didn’t want to just buy just any property and had hesitated each time. The client had came to Cohen Handler with a budget sub $1m but didn’t know what her money could secure her, what returns to expect and where best to invest for capital growth.
Understanding a clients requirements is much more than number of bedrooms and bathrooms. The client was investing to build her portfolio and extract equity in order to put herself in a better position to finance the future primary residence. In order to meet her overall objectives, our focus was either an Inner City/East apartment or something special like a townhouse or villa in Sydney’s Inner West. The sub $1m market is extremely competitive.
Leveraging your options combined with timing and efficiency is key to buying well. Within 4 weeks of familiarising the client with the market, we negotiated and secured a boutique 2 bed, 1 bath, 1 parking townhouse in Lilyfield for $920,000 pre-auction. The client did not think she could get out of the apartment sector in this range for this area and is ecstatic to built her equity for the next one.
About the Property:
Secluded boutique townhouse, gorgeous park views
Opening directly onto the vast, picturesque expanse of War Memorial Park, this secluded boutique townhouse is nestled at the end of a private driveway off a quiet cul-de-sac. A unique, low-maintenance sanctuary with the park acting as its own backyard, the stylishly presented residence is found within a development of just four. Exuding peace and tranquillity, it’s just a brief walk to charming Catherine Street village shops and the Light Rail. fabulous position, located only 3kms from RPA Hospital & Sydney University and an easy 5kms from Sydney’s central business district.
Other features included;
- Wonderful next step from apartment living
- Two ambient upper-level bedrooms with built-in wardrobes
- Bright living/dining, entertaining deck opens directly onto park
- Smart updated bathroom with bath, separate hidden laundry
- Chic CaesarStone kitchen with integrated dishwasher drawer
- Freshly painted throughout, polished timber floors, car space
- Under-stair storage, air-conditioning, small block & low strata rates