Case Study – Sale of 402 Somerville Road, Hornsby Heights

 

Property details:

5 Bedroom, 2 Bathrooms, 2 Car Garage house.

Launched property with two separate tenants in each part of the home. Exchanged contracts with one set of tenants (had been occupying for 17 years) and provided assistance in helping the remaining tenant find their new home prior to settlement, as the contract was vacant possession.  A great price considering the level of renovation needed and the uniqueness of the home. This property was not going to suit the average buyer looking for a home in Hornsby Heights.

More property details can be found here

 

Result details:

Sold $1,265,000

Multiple parties made offers on the property while on the market.

 

Marketing details:

Video Tour

Professional photography and floor plan

Listed on Johnpye.com.au, Google, YouTube, Realestate.com.au

Depending on the week and the needs of our Tenant, there was a mix of Friday, Saturday, and Wednesday open homes at different times on different weeks. Also, we had Private Inspections for some buyers who were not able to make the Open Homes. Over 61 enquiries with approx. 33 individual inspections (at our Open Homes and Private Inspections) with a number of second or third inspections. 

The final Buyers were First Home Buyers and inspected the property over 5 times, as this was such a unique home to buy. Our Agent provided assistance and recommendations for renovations and changes to this property to ensure buyer confidence and how this property suited their needs perfectly.

50/50 approx mix of local Buyers living in Hornsby Shire vs Buyers from out of the area. Also 70/30 approx mix of Owner Occupiers vs Investors.

 

Interested in selling your own home or investment property? Or even considering renting it out or changing property management companies? Contact us today to find out more information.

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