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Bondi Unit – 9% discount to valuation

growth for time poor doctor
  • Professional QLD couple looking to invest in Sydney
  • Property sourced at a 9% discount to valuation
  • Property is 5 years old and within 300m to Bondi Beach
We have known the team at Prosper Group for several years and respect their knowledge and professionalism. We first came into contact with them via their property advisory services, when we were seeking advice on property investing.

My husband and I would search for property in our limited spare time and apply the appropriate measures to sort the good deals from the bad. This gave us an insight into how difficult and time intensive it was to first locate a potential ‘deal’ and then apply all the correct calculations, potential risks and outside of the square thinking.

As we were both working full time we found it hard to juggle working life and the time it took to achieving our own personal financial goals, so searching for the ‘right’ investment slowly came to a stand still.

Recently, Prosper Group contacted us regarding a potential deal, an apartment in Bondi Beach.

Prosper Group through their extensive network of Real Estate agents had sourced several well located apartments owned by the one owner. Prosper Group offered a quick sale in lieu of a 9% discount off the actual valuation price creating around $80,000 of instant equity.

Prosper Group completely researched the entire market and provided us with all the information that we required to make a decision.

Throughout the entire process Prosper Group knew exactly what was required, and put us in contact with their network of professionals and made the whole process a breeze, answering any questions and being available at anytime.

There no other service of this type in the market that offers such an unbiased and educated view on property investment and development as Prosper Group does.

Can’t wait to purchase our next investment!

Regards,
Mahlah & Darren Malkin


Growth for Time Poor Doctor – QLD
NSW country based doctor
- Not sure where to invest, wanted growth
- Sourced property in South East QLD
- Areas average growth, 10%+ p.a.

Beach Side Luxury - NSW
- Time poor executive couple
- 12 month old luxury beach house
- Strong tourist location, suited to executive rental
- Researched & sourced within a few months

Profitable Development Site - NSW
- Adelaide based property investors
- 3 unit development in beach side growth area
- Project managed through to completion
- Completed within 12 months, $200k profit

Lawyers from WA – QLD
- Client criteria was ‘very low maintenance’
- Boutique, new town house, 5 km from Brisbane CBD
- Close to public transport, hospital, university & shops
- Gross rental yield of 5% + depreciation

Noosa, Cash Flow – QLD
- Luxury Noosa apartment
- Negotiated discount of 15% under valuation
- Sweeping water views, minutes from beach
- Up-market holiday rental with strong cash flow

First time property investor – QLD
- 3 bedroom house purchased for $260,000
- Location within 20km of Brisbane CBD
- Rented at $275 per week, gross yield of 5.5%
- Strong capital growth area of Brisbane

Sydney Northern Beaches
- 150m to Beach
- Purchased at discount to comparable sales
- Yield of 4.3% with good growth potential
- Renovation potential

St Lucia unit – Brisbane
- Time poor doctor from NSW wanted Brisbane growth property
- Property loacted within 5 km of Brisbane CBD
- Capital growth 9% from April 07 – April 08.
- Rental yeild of 5% - high demand low vacancy area.