Arnold Property have managed this Investment for our clients since 2003. During this time, we have had a few excellent long-term tenants. The most recent tenant resided in this home for 11 years. When this tenant vacated there was barely any evidence of wear and & tear. When appraising this property, we did need to…Read More→
Circumstances in people’s lives can change at any time. Sometimes this could mean the need to sell an investment property with a tenant residing in it. First, we need to determine whether the Residential Tenancy Agreement is a “Fixed Term” of a “Continuing Agreement” In either case the tenant may choose to vacate the property.
The first step could be to seek professional advice from a trusted source e.g. Accountant, Financial Planner or Broker. Once you decide to proceed you will need to have a guide as to how much you can afford to spend. Then you can start scrolling through Domain/RealEstate.com for a prospective investment. When you find a
Steps to take when Purchasing an Investment Property Read More »
Offer and Acceptance Once a price is a agreed the buyer will then pay .25% of that price as a “holding deposit”. This begins as what is referred to as a “cooling off period”, which is usually 5 days. During this cooling off period period the buyer should be completing their due diligence i.e. Pest
This property was the primary residence for our client. Arnold Property leased the property in 2010, and the tenants stayed the whole 14 years. The landlords were advised to the market the property with vacant possession despite losing rental income throughout the sales campaign. We had a challenge to come up with a realistic price
We originally listed this investment property for sale in February 2020. The recommended selling price was $390,000 to $410,000. The property was advertised at $415,000. Unfortunately, we were unable to get a buyer. Just recently our landlords decided to put it on the market again. This time it was listed at $660,000. On this occasion
We had been managing this Investment Property for our landlord client for years. Our property management done an excellent job. Main Road properties are never easy to appraise especially with an all night service station across the road. This property also was situated on 887 square meters of land with a fairly steep drop in
Originally an area that was underwater at high tide, the area was slowly built up by ships dumping ballast and other reclamation work, which eventually saw an island grow out of the mud. Located 4.4km northwest of Newcastle’s central business district, the suburb is named after Lord Carrington, governor of New South Wales in 1887
Boasting a vibrant, multicultural atmosphere providing an array of restaurants, retail, fashion and commercial outlets along with day-to-day services such as pharmacies, banks, florists, and hairdressers, Hamilton is located 4 kilometres (2.5 mi) from Newcastle’s central business district. Centred around Beaumont St, the main commercial precinct, Hamilton is bounded by the railway line in the
Bar Beach is a small, inner city suburb of Newcastle located 1.6 km (1.0 mi) southwest of Newcastle’s central business district. The suburb is named for the beach that extends along its eastern border. The beach is home to the Cooks Hill Surf Life Saving Club. Bar Beach is bounded by Darby and Brooks Streets
