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Investor Full Service

 

Flat-rate fee of $12,000+gst for property purchases priced above $400,000 and up to $750,000.  For properties priced above $750,000 our fee is $14,000+gst.  Clients intending to purchase for investment but live in thereafter are serviced under our home buyer service

 

Building and pest inspections on one property are included in this fee

 

An investment property is a property that must accommodate the needs of the rental market as opposed to your own living preferences.  We target areas which are demonstrating demand for tenancy, and we target properties that satisfy the needs of tenants with respect to proximity to services, and layout and facilities of the dwelling.

 

Inclusions

 

  • Identifying areas that match your affordability and criteria

  • Suburb research

  • Evaluation and inspection of individual properties

  • Discussing properties with you that we like based on our evaluation and inspection

  • Identification of suitable solicitors/conveyancers for your purchase

  • Offering and negotiating on properties

  • Bidding at auction if required

  • Working with conveyancer on wording of contract of sale and securing the property purchase

  • Working with your mortgage broker to ensure the property being targeted is in line with your borrowings, and to provide your broker with information / documentation / updates throughout the process

  • Ordering of building and pest inspections

  • Review and analysis of building and pest inspections.  We review the result with you and explain anything that is flagged, assisting you with understanding how any items that might require attention can be resolved 

  • Identifying suitable property managers for you, and providing handover documentation to them

  • Providing depreciators with documentation required for your depreciation schedule

  • Pre-settlement inspection

  • Working with the you, the conveyancer, mortgage broker, selling agent, building and pest inspectors, depreciators and property managers all the way through to settlement

  • We ensure vital steps in the process are not missed.  We handle most things on your behalf, freeing you up to be busy with your normal day, and we let you know any time you are required to do anything, such as paying deposit money for your property

  • Your fee covers our service plus building and pest inspection reports for one property

  • 50% is payable upon secondment, with the balance due at settlement

 

Exclusions

 

  • Your fee does not cover solicitor/conveyancer fees or depreciation schedule fees

  • Should you not proceed with purchasing the first property for which building and pest inspections are ordered, your fee does not cover the cost of building and pest inspections for subsequent properties

 

Please note

 

  • To ensure the property hunt is efficient and targeted, we discuss with you in advance pricing and terms you are comfortable with.  We also discuss areas that you like and their compatibility with your budget.  We ensure that it is clear the type of property we should be hunting for before we begin. 

  • Melbourne Metro buyers wanting free-standing brick houses on at least 500m2 of land are advised we will require you to have a budget of at least $650,000.  Lesser budgets can be paired with smaller block sizes such as 300m2, or alternatively properties in the major regionals.   Major regional buyers please note we require a minimum budget of $575,000 to find you a free-standing house in acceptable condition, 

  • Melbourne Metro buyers please note that rental yields on free-standing houses are now maxing out at 3.7-3.8%.  Thankyou for not asking us to find you a property with a 5% yield as it is no longer possible.  Major regional buyers please note we can still get 4% on free-standing houses. Investors requiring higher yields that 3.7% in Melbourne or 4% in the major regionals can consider a unit, or alternatively properties in a different state of Australia that is able to accommodate your needs.

  • It is courteous to ensure you can afford to purchase a property before offering on it and as such we require that you have a mortgage pre-approval in place before we being searching (unless you are a cash buyer).  Please contact us to be advised of mortgage brokers that specialize in optimizing borrowing for investment purposes, building portfolios, and creating inter-generational wealth.

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