Advice regarding sale of Adelaide property in Fitzroy

Discussion in 'The Buying & Selling Process' started by sanj, 7th Oct, 2016.

Join Australia's most dynamic and respected property investment community
  1. sanj

    sanj Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    3,471
    Location:
    Perth
    Hi all,

    A key overseas business partner of mine needs some advice on a property of theirs that has been in family for a couple of decades. It's apparently on a pretty large block but has been empty due to Ill relative moving out.

    Basically I no nothing about Adelaide market, need to speak to someone/people who do, to get feedback on current market, estimate value etc and best method of sale and recommended agent/s.

    Happy to pay for this advice or service if need be.

    Pls let me know if anyone can help or know someone who can.

    Thanks
     
  2. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    @D.T. , @Corey Batt , @DaveM would be a decent starting point to give you estimations on price potential etc, then would be able to point you in the direction of the best agents to market the property in the corresponding area.

    pinkboy
     
    sanj, Perthguy and Colin Rice like this.
  3. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,190
    Location:
    Adelaide and Gold Coast
    Fitzroy in Adelaide borders onto North Adelaide and is a 'micro suburb', ie only goes for a couple of streets.

    It is extremely premium - ie houses here do not come up for sale very often, and when they do people will give you blank cheques for them. Just about all of them are very grand - very character, very large mansions.

    1 Braund Road Fitzroy SA 5082 - House for Sale #123516286 - realestate.com.au is basically across the road from the CBD.
     
    Perthguy and sanj like this.
  4. sanj

    sanj Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    3,471
    Location:
    Perth
    Thanks!
     
  5. sanj

    sanj Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    3,471
    Location:
    Perth
    Thanks, this is on a pretty large block, over 1000sqm but is an old house.

    When would be a good time to call you? Likewise with @DaveM and @Corey Batt , pls let me know when I can call.
     
  6. Nemo30

    Nemo30 Well-Known Member

    Joined:
    31st Dec, 2015
    Posts:
    596
    Location:
    Somewhere
    Fitzroy is a nice suburb, with some large character homes very close to the city. Prices in that area have been rising over the last 12 months. For a block over 1000sqm I'd expect land value to be over 1 mil. Depending on the house it could go up from there.
     
    sanj and Perthguy like this.
  7. DaveM

    DaveM Well-Known Member

    Joined:
    14th Jun, 2015
    Posts:
    3,761
    Location:
    Adelaide & Sydney
    @sanj I live in next suburb over, happy to speak or take a look any time.
     
    sanj likes this.
  8. sanj

    sanj Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    3,471
    Location:
    Perth
    Thanks, will give you a call tomorrow.

    Sorry late Response