Summary
Our client engaged us to source an investment property with strong long-term potential. With a focus on future uplift and the ability to hold for the long term, we explored a wide range of opportunities across Sydney’s growth corridors before securing a Cronulla apartment that offered significant development upside.
Key Points
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Objective: Secure an investment with long-term growth and potential for future uplift
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Explored both western Sydney growth areas (linked to new transport infrastructure) and coastal suburbs undergoing planning law changes
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Identified a boutique block of only five units with strong land content and redevelopment potential if amalgamated with neighbouring properties
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Conducted extensive due diligence on zoning, development feasibility, and market conditions
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Negotiated terms and worked closely with client’s legal and finance teams to fast-track an unconditional exchange
Outcome
We successfully assisted the client in securing a quality apartment in Cronulla — a highly desirable coastal location. The property presents strong fundamentals and offers significant upside through future redevelopment potential. While all investments carry risk, this acquisition positions the client to benefit from returns that could exceed those typically achieved through standard residential units, subject to future planning and market conditions.