Strata Without the Strata Fees: Property Investment Redefined
Finding the right property for a client always feels like solving a puzzle. This time, the challenge was a Sydney investor with a sharp eye for potential and a relatively tight budget.
Thinking outside the box, I presented them with a unique solution: a duplex property. Not just any duplex, though; this one was a bit special. It was a strata title without the usual strata fees. Everything else was separate, apart from shared insurance. No hidden fees, no surprises.
Since the client did not have to cover shared maintenance expenses, the purchase price and ongoing costs were lower. The asset’s newness also provided significant depreciation and low maintenance benefits. My busy client liked the ability to focus on their investment goals without constant upkeep.
This success story highlights the power of creative thinking and the importance of understanding your client’s needs beyond their budget. By exploring unconventional options and leveraging my in-depth market knowledge, I helped them achieve their real estate goals. This situation proves that finding the perfect property is not just about affordability but also about strategic solutions.
Connect your clients with us to enhance your service offering. It’s all about pairing the right people with the right properties. Contact us today!
~Michael Olivieri, Central Coast Buyers Agent
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