Purchased off the plans and undervalued, our client secured immediate equity while achieving a 7%+ gross yield, creating a genuinely cash
flow-positive investment.
On paper, it ticked all the boxes.
But securing a great investment is only part of the journey.
As the development approached settlement, the process became significantly more challenging.
Our inspections identified outstanding building work, ventilation and roof concerns, bike parking compliance issues, and important building
warranty documentation that still needed to be completed and confirmed.
This is where having an experienced Buyer’s Agent on your team really matters.
Rather than allowing our client to settle and inherit these problems, we continued working with the developer, agents, builders, property
manager, and legal team to ensure the outstanding issues were addressed.
We kept inspecting, questioning, following up, and advocating for our client to make sure the property delivered at settlement was what they
had actually agreed to purchase.
Finding the right property is only one part of what we do.
When things go wrong, timelines are challenged, or the process becomes complicated, having an experienced professional representing the
buyer makes all the difference.
The result was an exceptional Christchurch investment — a new build in a high-growth Avonhead location with a 10-year building warranty,
strong rental demand, 7%+ yield, positive cash flow and equity created from the day of purchase.
A great deal is important. Making sure that great deal is delivered properly is just as important.