10/6 Punch Street, Mosman
2beds/1bath/1car (lock up garage)
My client, a young professional woman, who was new to Sydney but also looking for an investment property, that would bring long-term growth, was unsure where the best place was to buy. We looked at a few different options including this one and were surprised when it passed in at auction, though still over her price range. I stayed close to the real estate agent, realising that not only had the tenant moved out causing loss of rent to the owner but that the unit was styled, so it was also costing her money. When I felt the time was right, I turned up with a contract and it was bought within a few hours for a very good price. As I said to my client, she made money as it exchanged! It’s about to undertake a makeover to make it modern and bright so watch this space for more photos.
Bought post-auction for $925,000