Rushcutters Bay, NSW 2011
Type of Property: Townhouse
Reason of Purchase: Primary Residence
Location: Waratah St, Rushcutters Bay NSW 2011
Property Journey:
The clients presented as a young professional couple who were finding difficulty ascertaining value in a continued ‘bullish’ market of 2014. Specific acquisition search was focused to parameters of Potts Point to Darling Point to maximise wider Sydney commutes but remain in a locale of inner-city, cosmopolitan living.
The clients desired to move in as soon as possible for an intended long-term hold period (6+ years) and were prepared to undertake renovations as required during this time.
On-Site Interactions:
After short-listing and vetting a variety of properties for the client, inspections of the preferred apartments still projected high expectations to valuation. Apartments are tightly held within the Rushcutters Bay and Darling Point precinct which allows vendors to often aggressively test buyer appetite.
Negotiation:
As Waratah St, Rushcutters Bay became the focus under close consultation with the client, a negotiation framework was outlined with various contingent strategies discussed.
Despite multiple parties taking contracts and engaging vendor dialogue, a disciplined approach from pre-auction offers to the securing bid on auction night were all within the parameters to sequence and valuation agreed with the client.
Execution Rationale:
The property was situated in the blue-ribbon suburb of Rushcutters Bay, a few short minutes away from parks, harbour foreshore, leisure facilities and village shopping of Potts Point.
This home matched comprehensively the client mandate to a blue-ribbon location positioned for capital growth with premium lifestyle compliments and commuter options.
Client Testimonial:
“Steven took the stress out of finding a home in Sydney, where the market moves fast. He inspected both off-market and publicised properties that fit our brief even before we did, recommending only the best for us to then inspect. He also liaised with agents to organise inspections at times that suited our busy work lives. From answering our many calls and emails to attending auctions with us, Steven was always available to help. Within 6 weeks of working with Steven, he secured us a property we love in our perfect location. We really enjoyed working with Steven and highly recommend his services as a buyer’s agent.”
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