ASSISTING AN INVESTOR TO PURCHASE A PROPERTY IN RANDWICK


Young 27-year-old investor looking to set himself up for a comfortable retirement by the time he is 40 years old.

Suburb

Elwood

# of bedrooms

2

Need

Investment grade asset with strong focus on growth

Property type

Apartment

About the home buyers’ & their needs

Quentin wants to start building up his asset base, so was looking to purchase his next high growth property within his budget in a suburb in Melbourne.

How we helped

We were able to assist our client with the purchase of a nicely renovated apartment in the blue-chip suburb of Elwood, only 9.6km from the Melbourne CBD.

Elwood is a Bayside suburb with good amenities, demographics and proximity to the CBD and has a strong track record of high capital growth.

We purchased the property for $560,000 in July 2016.  The property increased in value by $75,000 with 12 months which significantly outperformed the averages for this asset class in its location.

Testimonials

Here’s what some of our clients are saying about us:
  • As an interstate landlord, I trust Metropole Property Management to look after our Melbourne interests. Their service and communication is first rate.
    Terry Clark, South Australia
  • Thank you very much for your excellent advice and management, now and during the last years when you have been taking care of our property. At all times we felt that all issues had been handled with extreme care and diligence.
    Eva Wang
  • Really appreciate the time and walk through with the process and considering that we are in different state, you have made the process really easy. I was really satisfied with the level of the engagement and detail that you have provided. I was also really impressed on how fast you were able to secure a tenant within a day after settlement of the property.
    G. Young
  • We sincerely thank you and your team for the customer service, which has exceeded our expectations. We will have additional Brisbane properties managed by Metropole in the future, and be sure to recommend your service to others.
    L. Maus

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