A complete end to end property buying service for Residential or Commercial including:
- Initial buyer briefing
- Extensive property search
- Inspecting and short-listing the best properties
- Market research, due diligence and reporting
- Buying strategy and negotiations
- Co-ordinating exchange of contracts through to settlement
The Locate Negotiate experience
"Let us do the work for you"
Self-Managed Super Funds (SMSF)
Buying a property through a Self-Managed Super Fund A Self-Managed Super Fund (SMSF) is a form of superannuation which allows the member’s /trustees control and discretion over how the fund is operated and how the assets of the fund are invested.
Recently laws have changed and now allow a SMSF to borrow for the purpose of buying property for investment purposes. This has created a great opportunity for many Australians to take control of their well-earned retirement savings and invest in property.
Due to favourable tax treatment, an SMSF is the superior way to purchase property for long-term wealth creation.
Many of our clients have used their SMSF to either purchase their first investment property or expand their existing property portfolio.
Locate Negotiate are the leading buyer’s agents in Sydney and when it comes to buying property for SMSF’s. Come into today and have a chat to one of our buyer’s agents to see how we can add a quality property to your super fund.
Residential Case Studies
We were engaged by our clients to search and secure a home in Cronulla / Woolooware area in a price bracket where buyer demand was high. Our clients were time poor due to busy work commitments and in addition had a young family. Undertaking the search themselves and inspecting properties was always going to be a struggle. Our job was to find that right home and secure it within a short time frame.
After two weeks into our engagement we found a property that ticked the boxes and was within their budget. We advised our client and began fast track due-diligence with particular focus on the vendor’s motivation for selling. We had concerns in regards to the vendors price expectation. After thorough analysis of several comparable sales that undermined the vendor’s initially bullish price expectations we expressed to the selling agent that our client was showing interest in the property, but we had concerns in regards to price.
Our client inspected the property and conveyed to us that the property was perfect for them. Our other immediate priority was to contain our clients’ enthusiasm for the property in order to restrain them from paying too much for it.
We discovered that the vendors were highly motivated to sell and would consider offers prior to auction.
Secondly, after a number of discussions with the agent we established that the vendors were going to be realistic with their expectations on price.
Before submitting our offer, we had the contract reviewed and a building inspection was undertaken. Once all was checked out to be satisfactory, we made an offer (below our best) to the agent on the basis that our clients would proceed to exchange a contract unconditionally today if accepted.
The agent initially rejected our offer on behalf of his client. Our clients were eager to close the deal, however, we instructed our clients to hold off counter offering. The result was that the agent finally came back to us the following day and our offer was accepted.
“We would like to highly recommend John from Locate Negotiate to any potential purchaser and seller alike. Recently John served as our buyers’ agent for our new family home. John was a complete professional who informed us of every movement, It was such a pleasure to work with John. He had all the answers to our real estate questions and made our transaction all so easy and painless.” Craig T
PROPERTY: CANNON HILL QLD
Our client wanted to invest in a modern Brisbane house within 10 – 12km from the CBD. They wanted an up and coming family area with good surrounding infrastructure and the budget was $850,000.
We secured the client a brand new executive style home on favourable terms and below the vendors’ expectations. The property was positioned within 15 minutes of the CBD. We were able to secure a tenant prior to settlement as the vacancy factors were low for this type of dwelling.
Commercial & Industrial Acquisitions
Locate Negotiate are experienced in negotiating property in the commercial and industrial sectors. Our key role is to identify buying opportunities and negotiate the best possible price on the right terms for our valued clients.
CASE STUDY 1:
Property Purchase: Parramatta, Sydney
Price Range: $1,980,000
Despite a year of constant searching, a national company was unsuccessful in locating a suitable property for it to buy. Once they enlisted our services, Locate Negotiate provided the company with a comprehensive list of every building within Parramatta that matched their criteria. When we had compiled a short list of five buildings, we contact each owner to ascertain if they were interested in selling, and found one owner who was, once their tenant moved out. We were successful in negotiating a purchase price, with delayed settlement, based upon a below-market cap rate per square metre.
CASE STUDY 2:
Property Purchase (Investment): Tempe, Sydney
Price Range: $1.2million
Locate Negotiate successfully negotiated a prominent street frontage freehold retail and office property in the suburb of Tempe for a referred client. Locate Negotiate helped transform it into a showcase business premises.
Our client asked the team not only to acquire this property, but to commission the refurbishment of two floors of vacant space. In addition, we were able to co-ordinate and appoint a specialised commercial agent to secure a tenant before the project works were completed. The agreed rent represented a better than market return for our client after factoring in capital costs for building works completed.
CASE STUDY 3:
Property Acquisition (Owner Occupier): Marrickville, Sydney
Price Range: $3,000,000
Locate Negotiate were engaged by their client (ref by accountant) to carry out research, due-diligence for an industrial property which was being marketed by way of Expression of Interest. Key areas investigated were market price (taking into account comparable sales and current rate per sqm), building integrity, potential and compliance.
Locate Negotiate advised their client the need to utilise some other key building and development professionals to complete a thorough assessment of the property.
The client accepted that there was additional due-dilligence required. Locate Negotiate engaged, co-ordinated and project managed these professionals to carry out their research.
The professionals included a Project Manager Builder to access condition of building, BCA (Building Certifier) to check compliance i.e. fire rating, disability access etc., and a Town Planner to access future potential to re-develop and potential zoning restrictions.
Locate Negotiate were able to advise their client on a fair market price to submit before the Expression of Interest closed. (Taking into account that there was a strong possibility that there would be considerable amount of work required to make the building compliant).
Locate Negotiate’s client purchased the building which was well under the estimate the selling agent was quoting. Happy customer!
What our customers say
“Thank you, John for your independent advice and experience in reviewing our portfolio, which was a mix of residential and commercial property. Your in-depth knowledge of the market was extremely helpful in determining what to retain and what properties to off-load in our portfolio. There is no way we would have obtained the level of thought and expertise without your involvement. Much appreciated!” Client: D McCloud
“We’d like to thank you for your advice and professionalism in handling the negotiations on our behalf. It certainly paid off for us financially to use Locate Negotiate services. We didn’t have the experience, nor the skills when it came to property negotiations and determining what a property is worth. I’m convinced we saved a lot of money by using Locate Negotiate. Brilliant Service!” Client: F & L Reardon