Jaya and Narayan, a professional couple originally from Australia, were living and working in Singapore. They had always kept an eye on Brisbane’s property market, recognising its growth potential, especially with the upcoming Olympics. While they wanted to make a smart investment, they also needed a property that could serve as a future home if they decided to return to Australia.
The holiday period was a quiet time for the market, but they were ready to take advantage of any opportunities. A prime property in McDowall, Brisbane, was brought to our attention. It had been under contract for $1.51 million, but the deal fell through due to the buyer’s financial issues. Another offer of $1.55 million was on the table, but it was contingent on the sale of another property, leaving the vendor and agent hesitant to commit.
Seeing the potential in this situation, we conducted our due diligence throughout the holiday period, ensuring the property met both their investment and personal needs. With a clear strategy, we negotiated directly with the vendor, emphasising the certainty of Jaya and Narayan’s position. By the end of the process, we had secured the property for $1.48 million, well below both the previous contract price and the competing offer.
It was a fantastic outcome. The property ticked all the boxes for Jaya and Narayan—a solid investment with the flexibility to become their future home. They were thrilled, and we couldn’t have been happier to help them achieve their goals.
