At IPG, we value relationships over everything. Whether it’s our clients or vendors, our relationships are what drive us to deliver the best possible deal that benefits everyone. In this instance, it helped us land a valuable property that is literally a stone’s throw away from the central business district.
We managed to purchase this property in an auction against 4 other buyers. Thanks to our strong relationships, we knew the vendor’s reserve was over $490,000 and were able to bid a price that made everyone happy. Similar properties in the area are being sold for around $600,000, giving an instant equity uplift of $95,000!
The property comes with tenants at a yield of 4%. Furthermore, it has great renovation potential that would increase its value to over $640,000.
According to our client, “IPG is truly a one stop shop for property investors. Moss backed his recommendations with in-depth analysis while working towards our strategy. He is always available to answer your calls even late at night. He patiently answered all our queries and really helped us make informed choices and decisions.”