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

 

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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