C, an expat living abroad, desired a 4 bedroom home to return to with his young family in coming years. The property needed to be located between Sunshine Beach and Noosaville, with the ability to rent out well over the medium term until repatriation. Critically, within his budget, C wanted a superior land holding in a great position rather than a better house in an inferior location. A capital growth play to relocate to in future years.
When we first met C via Zoom, he explained that he had been looking online for approximately 6 months from afar and wasn’t getting much, if any, traction. He was referred to us by his lawyer. We got under the hood of what he was hoping to achieve and every option he had seen online and liked the look of. There were undoubtedly some decent options he could have pursued.
After understanding what he was trying to achieve and the budget he had to work with, we felt C had a chance of being able to buy direct waterfront in Noosa Waters. Something he didn’t previously think was within budget. There was no doubt it would be a challenge. Though, being local to the waters and our knowledge of recent transactions that were not yet public knowledge provided confidence to progress down this path. Good waterfront property trumps other landholding in terms of capital growth (scarcity).
Leveraging our local network, we quickly and discreetly uncovered the fact that 37 Shorehaven Drive were preparing for sale in the coming months. A 4 bedroom/2 bathroom house on a generous 831m2 of north-east facing land with wide water frontage. Given there hadn’t been a similar north-facing option transact in over 15 months, we knew there would be competition for the property at C’s budget should the property come to market. We moved swiftly to complete comprehensive due-diligence and commence negotiations. We were able to secure the property for a very attractive price and under C’s budget before anyone knew it could be purchased. Outside of overseeing building & pest and conveyancing matters end to end, we also introduced C to a Private Banker in our network. Our banker provided C with debt structuring and refinancing solutions across his Australian domiciled assets. The savings generated here alone more than offset our fee. This, in addition to securing an A+ waterfront asset in Noosa to repatriate to with his family in the years ahead.
The first step in your property journey, whether it be buying or selling, is gaining clarity on your situation.
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