Summary
We were engaged by our client to undertake due diligence on a property that was scheduled to go to auction. They sought impartial guidance and expertise regarding the property’s price and whether it presented a strategically sound investment opportunity for them.
Key Points
Based on our assessment, we informed our client that the property showed promising growth potential and could potentially serve as a development site if combined with adjacent properties. We actively negotiated and effectively acquired the property, with the terms playing a significant role in securing the apartment prior to the auction.