What Property Do Buyer’s Agents Buy for Themselves? | WHAT DO YOU THINK, CHRIS? | Ep 119

April 18, 2022

6/7 Reynolds St Cremorne Completely off Market (old advertising link) - no one else knew about it

https://www.realestate.com.au/sold/property-apartment-nsw-cremorne-131762578

Do you want to know what our team of buyer’s agents invest in for themselves? We bought this for $770k Rented $500 per week = 3.4%

Pros

Small block of only 18 units

Good location close to shops, transport, pubs and cafes

1 bed, 1 bath, 1 car space

Bathroom not off bedroom

Nice outlook from balcony

Good size 55m2 plus parking

Bedroom has built-in wardrobe

Space for internal laundry facilities

Doesn't need any work done to it

An abundance of natural light through out

Cons

No potential to add value through renovations

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