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Purchase - Research & Acquire

We research and negotiate property on your behalf so you can reap the benefits of investment grade properties.

Research

We have a top down approach when identifying the best investment areas. Our in-house research department scours the entire country to identify the best investment areas that suit our clients’ individual needs. From there we undertake thorough research on the identified area to ensure that it meets our stringent criteria. If the area meets our strict criteria, we then take our investigations to the final level and identify the roads, streets and pockets that represent the best value for our clients.

We not only have access to sales programs, but more importantly, to in-house valuation data. This gives us a unique advantage and ensures we see the beginning of market movements and trends before they are recorded in sales programs or are reported in the general media.

Due Diligence

Before we purchase a property on behalf of our clients, we conduct thorough due diligence to ensure there are no unexpected surprises post their acquisition. The due diligence process includes but is not limited to the following:

Residential Commercial
  • Building & pest inspections
  • Strata searches
  • Council compliance of extensions
  • Zoning & site restrictions
  • Heritage & character preservation
  • Water, stormwater & sewer
  • Flood & overland flow searches
  • Building covenants
  • Easements, covenants & encumbrances
  • Capitalisation Rates
  • Tenancy Schedules
  • Revenue
  • Lease Renewals & options
  • Tenant profile & history
  • Outgoings
  • Infrastructure Changes
  • Proposed Council or Government Development

Property Presentation

Once we have completed our research and due diligence, if the property reaches our strict requirements and is considered to be an investment grade asset, we will then present the property to you. This includes any future proposed renovations or development work to the property if this forms part of your investment strategy. At this point, the property selection is self-vetting ensuring that you make the final investment decision and you are comfortable with the property. With valuation and intimate market knowledge we determine the true value of the property and ensure that we do not pay in excess of fair market value.

Negotiate

If you are comfortable and happy with the property we have presented, we will discuss a negotiation strategy with you. We assess the vendor’s situation to determine our strategy and set an uncompromised price limit prior to commencing formal negotiations. The negotiations stage is dynamic and ever changing and this is where we utilise our vast experience to achieve the best outcome for our clients.

The negotiation process involves not only discussing the price of the property but importantly other contract conditions including:

  • Building & pest clauses
  • Finance clauses
  • Access prior to settlement for prospective tenant inspections
  • Access prior to settlement to organise building quotes for renovation

We coordinate the contract process and liaise with legal representatives to make the process as smooth as possible to achieve a successful purchase.

Successful Purchase

Our service doesn’t finish when you sign a contract. We assist you through to settlement and ensure a smooth transition to the property management team. We share in the success of adding an investment grade property to your portfolio.

 

Contact Us

Phone:

1300 825 837

Email

property@propell.com.au


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