How we negotiated $55k off the purchase price of this investment property on behalf of our client.

The brief

A seasoned Sydney-based investor engaged us to secure a quality investment property through their SMSF, with a $1.15 million budget and a focus on long-term capital growth.

The opportunity

The property was marketed for over $1.2 million, but during Ed's due diligence, he identified sagging ceiling boards. Rather than walking away, he investigated the issue and saw an opportunity to negotiate.

Our approach

Working with a trusted Building & Pest Inspector and qualified plasterer, Ed established the repair costs and used them to negotiate the purchase price down to $1,145,000, more than $55,000 below the original marketing price. Ed then used established local trade relationships to coordinate the repairs, including ceiling works, repainting and new lights and fans.

Why this investment stood out

• Moreton Bay Region QLD
• 4 bed | 2 bath | Double garage I Swimming pool | 557m² block
• Rent achieved: $950/week
• Gross yield: 4.3%
• Median rent: $660/week
• Vacancy rate: 0.3%
• Average annual growth (20 years): 5.25%
• 2026 growth: 17.7%

The result

Ed helped the client purchase a property originally marketed above $1.2 million within their $1.15 million SMSF budget, while also adding value through the renovation. A quality tenant was secured before the repairs were completed, helping minimise vacancy and providing immediate cash flow.

The EKR Property difference

Ed's local knowledge, experience, trusted trade relationships and negotiation expertise allowed him to identify an opportunity where other buyers saw a problem, and deliver a stronger outcome for his client.

Experience. Knowledge. Results.