2br Villa in St Marys (Sydney)

Discussion in 'Caveat Emptor (Buyer Beware)' started by DaveM, 6th Sep, 2014.

  1. DaveM

    DaveM KFC Buyers Agent

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    Hi All

    I have had an IP become vacant and am considering selling to fund some development works.

    2 br 1 bathroom villa in St Marys, its on the end so one common wall and windows on 3 sides.

    Has wraparound L shaped yard, single carport, split AC, polished timber floorboards, vertical blinds throughout.

    Has an updated kitchen with new upper cupboards, rangehood and stove 2 years ago, was painted throughout 2 years ago as well.

    Strata is pretty reasonable at $400pq. Council $287pq.

    Has been renting at $300pw past 2 years since I renovated it. Should have no issue renting again at same rate.

    Looking around the 290k mark, not the highest yielder for someone buying now, but an easy set and forget in western sydney.

    Any interest before it goes to an agent please msg me. Photos available. No postage unfortunately.

    No silly lowball offers please :)


    Dave
     
  2. Shovelhead

    Shovelhead Banned

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    Why not?..C'mon mate you do it DaveM...Ummm my offer...Nah i won't go there.

    Good luck with it DaveM :)

    Ps.I will go there,200k cash unconditional,30 day settlement.
     
  3. D.T.

    D.T. Property Lookerafterer

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    Astute :cool:
     
  4. DaveM

    DaveM KFC Buyers Agent

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    Thats a nice deposit, now what about the rest? :D
     
  5. Shovelhead

    Shovelhead Banned

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    Ha ha,be realistic,take out the rates and what is the return?

    Look i bump it 210k :)

    Ps.I'm only adding 10k because your not using an agent.
     
  6. DaveM

    DaveM KFC Buyers Agent

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    Haha.

    Another villa in same complex went under contract this week in a lesser position and presentation for 285k, and another for 301k, so I do know what it will sell for on open market :p
     
  7. Shovelhead

    Shovelhead Banned

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    Where's my cash flow mate?...Idiots paying 285k-301k?...List it with an agent and get a quick result...No point holding something that's blocking the sewerage.

    Good luck with it DaveM :)
     
  8. Scott No Mates

    Scott No Mates ...and people wonder why?

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    Can you move it closer to Sydney and to the other side of the M2?
     
  9. neK

    neK Member

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    Just me being cynical, so why not put it with an agent on the open market?
     
  10. devank

    devank Why why why?

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    I would try to avoid advertising and showing as well if I can achieve similar outcome.
     
  11. DaveM

    DaveM KFC Buyers Agent

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    Per the OP... just checking if any interest here before it goes to an agent. Have the agency agreement on my desk, yet to be signed :)
     
    Shovelhead likes this.
  12. D.T.

    D.T. Property Lookerafterer

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    He is, hes just giving us first option because hes a nice guy
     
  13. Shovelhead

    Shovelhead Banned

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    Seriously though DaveM,private sale is the go,if people can't see CF well they may should bet on black or red.

    If people can't see the opportunity before listed with an agent,they snooze and lose!

    My posts were tongue in cheek ha ha
     
    Last edited by a moderator: 7th Sep, 2014
  14. Grogounet

    Grogounet Member

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    What s the address dave?
    Can u contact via im maybe?
     
  15. DaveM

    DaveM KFC Buyers Agent

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    Feel free to PM me for more details :)
     
  16. sash

    sash Member

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    Why would you sell this privately...given the current market...why would you not put a good agent onto this. They through their contacts should get you a better price.

    Have a look at your handle...."astute"?? ;)

     
  17. Lou Reed

    Lou Reed Member

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    'Astute' is selling privately where the buyer and seller axes the rea and meet middle ground...well that's my opinion anyway.

    Proof is in the pudding...DaveM,let us know how you go,Good luck.
     
  18. Corey Batt

    Corey Batt Finance Broker

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    It says in the post you quoted that he's putting it out to offers before giving it to an agent.
     
  19. devank

    devank Why why why?

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    As an 'astute investor' he knows how much he can get in the open market. It is a win - win if he can sell it for around less 1% of that market value.
     
  20. Lou Reed

    Lou Reed Member

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    I agree devank,Keep us up to date DaveM.