Business Executive

"The property was sold by auction to a friend of a resident within the same building. A record price for the building was achieved."

Client

Business Executive

Situation

As part of a private property portfolio, this refurbished property is to be prepared for sale and presented for sale by auction.

This property was bought and refurbished through the services of Eastblock and part of a property portfolio that has been managed by Eastblock. The property was rented for 7 years.  Prior to selling, minor freshening up was done to the apartments’ foyer area.

• Project Management of minor repairs and painting of the foyer.
• Craig interviewed and selected the agents, fully discussed options with the vendor.
• Craig worked with the agent throughout the sales process and represented the seller at the auction.
• The property was sold by auction to a friend of a resident within the same building.
• A record sales price for the building was achieved.