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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